Pomo Periscope XXII: There Is No Such Thing as a Free Diversocrat

17 July 2011 at 9:34 am 1 comment

| Nicolai Foss |

The California budget crisis may be tough on the university system. But as Heather MacDonald points out in City Journal, California universities (specifically, UC San Diego) are still adding “diversity fat even as it snuffs out substantive academic programs.” As she notes, the opportunity costs of pomo are becoming very visible indeed:

UC San Diego just lost a trio of prestigious cancer researchers to Rice University. Rice had offered them 40 percent pay raises over their total compensation packages, which at UCSD ranged from $187,000 to $330,000 a year. They take with them many times that amount in government grants. Scrapping the new Vice Chancellorship for Equity, Diversity, and Inclusion could have saved at least one, if not two, of those biologists’ positions.

Entry filed under: - Foss -, Pomo Periscope. Tags: .

Sovereign States Default, Repudiate; Sun Still Rises Grade Inflation

1 Comment Add your own

  • 1. Randy  |  17 July 2011 at 4:07 pm

    Alas, Nicolai, this phenomenon exists across US universities, especially cash-strapped public universities. I hope your daughter doesn’t have to put up with the forced diversity training that my daughter had to endure during her bachelor’s degree in business. Tragic. Wasteful.

    The unseen institutional phenomenon that positively feeds back into this proliferation is that all these hires actually count toward “diversity targets”. Once the campus commits to increased representation of under-represented groups, the fastest way to make progress is to hire 57 diversity specialists, all of whom are members of these groups. Instant success!

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Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).
Peter G. Klein and Micheal E. Sykuta, eds., The Elgar Companion to Transaction Cost Economics (Edward Elgar, 2010).
Peter G. Klein, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).
Richard N. Langlois, The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy (Routledge, 2007).
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Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds., Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).
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Nicolai J. Foss and Paul L. Robertson, eds., Resources, Technology, and Strategy: Explorations in the Resource-based Perspective (Routledge, 2000).

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