Can academics (professors) be co-opted by the corporate grants and consultancies? Academia is for most professors not a lucrative field. Beginning salaries of less than thirty thousand dollars are not unknown. My understanding is that the field of economics is considered by some authorities to be the most corrupted.

This posting offers insight into academic corruption as reported in the documentary, Inside Job. I liked what he has to say.

James Pilant

by Bill Tierney “Inside Job” is a well-done documentary about the collapse of the financial industry.  The movie is akin to Al Gore’s “Inconvenient Truth” in tone and style.  The movie is very serious and has little of the fun of a Michael Moore flick.  But the director and writers make a very difficult topic understandable to viewers who may not know their derivatives from their hedge funds. About two-thirds of the way through the movie, however … Read More

via 21st Century Scholar