Posts filed under ‘Institutions’
Those of you attending this weekend’s ASSA meeting in Philadelphia may want to catch a great session sponsored by ISNIE and titled “The Economic Institutions of Higher Education.” I am presenting along with Henry Manne and Sarah Smith; Scott Masten is chairing and discussants are Bob Gibbons, Henry Hansmann, and Jeff Furman. The session is Saturday, January 4 at 2:30pm in the Philadelphia Marriott, Grand Ballroom, Salon L
| Peter Klein |
Here’s Craig’s initial (and hopefully not final!) response to David Kocieniewski’s “farrago of dishonesty, insinuations, innuendo, and ad hominem.” As expected, Craig pulls no punches. Kocieniewski’s failure to point out that most of Craig’s professional work argues against the interests of his alleged paymasters “betrays his utter unprofessionalism and bias, and is particularly emblematic of the shockingly shoddy excuse for journalism that his piece represents.” The insinuation that Craig’s paid work deals with speculation, when none of it does, is “misleading, deceptive, and plainly libelous.” The Times piece is riddled with factual and chronological errors, deliberately inserted to score political points: “dishonest to its very core because of its egregiously biased omission of some essential material facts and deceptive presentation of others.” I can’t say I’m surprised; this is mainstream journalism, after all.
Craig also provides this roundup of posts defending him and Scott Irwin, including ours.
| Peter Klein |
Researchers: You rate products and sellers on Amazon and Ebay, you describe your travel experiences on TripAdvisor, and your students judge you on ratemyprofessors.com. I don’t know any systematic evidence on this, but consultants and journalists seem to think that companies are better off letting customers rate (and rant) online, even if this makes it more difficult to manage the brand.
A new venture called SciRev is encouraging researchers to rate their experiences with particular journals: how long are papers turned around, how good are the referee reports, how responsive is the editorial office. It’s not quite open-source peer review, because the specific papers and authors are anonymous (as far as I can tell), but it represents an interesting experiment in opening up the publishing process, at least in terms of author feedback on journals.
SciRev is a website made by researchers for researchers. The information provided by you and your fellow authors is freely available to the entire research community. In this way we aim to make the scientific review process more transparent. Efficient journals get credits for their efforts to improve their review process and the way they handle manuscripts. Less efficient journals are stimulated to put energy in organizing things better. Researchers can search for a journal with a speedy review procedure and have their papers published earlier. Editors get the opportunity to compare their journal’s performance with that of others and to provide information about their journal at our website.
SciRev aims to help science by making the peer review process more efficient. This process is one of the weakest links in the process of scientific knowledge production. Valuable papers may spent several months to over a year at reviewers’ desks and editorial offices before a decision is taken. This is a serious time loss in a process that in other respects has become much more efficient in the last decades. SciRev helps speeding up this process by making it more transparent. Researchers get the possibility to share their review experiences with their colleagues, who therefore can make a better informed choice for a journal to submit their work to. Journals that manage to set up a more efficient review process and which handle manuscripts better are rewarded for this and may attract more and better manuscripts.
There are only a few reviews at this point, so not much information to consume, but I like the concept. And I may be submitting some reviews of my own… (Thanks to Bronwyn Hall for the tip.)
| Peter Klein |
The ISNIE 2014 Call for Papers is now available. The conference is at Duke University, 19-21 June 2014, home of President-Elect and Program Committee Chair John de Figueiredo. Bob Gibbons and Timur Kuran are keynote speakers. ISNIE is one of our favorite conferences, so please consider submitting a proposal! Submissions are due 30 January 2014.
| Peter Klein |
Here is a symposium on Doug Allen’s very important book The Institutional Revolution (Chicago, 2011). The symposium features essays by Deirdre McCloskey, Joel Mokyr and José-Antonio Espín-Sánchez, and our own Dick Langlois, along with a reply by Doug. The issue revolves around the role of measurement, and Doug’s thesis that reductions in measurement costs are central to improved economic performance.
My favorite line, from Doug’s reply:
I have read “The Problem of Social Cost” more times than I can recall, and study as I may, I have never found a logical error in it. But here is the point: if the author, both at the time and 30 years later, still failed to fully grasp his own perfect work, then it is an understatement to note that the ideas are subtle.
| Peter Klein |
The WSJ profiles InfiLaw, a network of private-equity backed, for-profit law schools that is challenging the established model of legal education. From what I understand, InfiLaw seems to be the University of Phoenix of law schools, providing vocationally oriented training for the lower-end of the market (but, unlike for-profit business schools, charging upmarket prices).
InfiLaw’s schools aren’t designed to compete with the Harvards and Stanfords. The approach, the company says, has mostly been to target students, including many minorities, whose grade-point averages or LSAT scores don’t qualify them for admission at the top schools. . . .
Some in the academy think InfiLaw is compounding the problems in legal education, which is graduating far more students than there are entry-level jobs for lawyers. Critics, including former students who have sued Florida Coastal, see the company as a predatory outfit that peddles false promises to students in exchange for high tuitions.
Others think criticisms of InfiLaw are based on elitism embedded within the legal academy,
As we’ve noted before, it is unlikely that newer, private, for-profit colleges, universities, and professional schools can compete head-to-head with the traditional schools, but why should they? Certainly there is room for more creativity, experimentation, and innovation, structurally and pedagogically, in legal education, as with other forms of higher learning. InfiLaw may be ineffective, or even a scam, but viva la diversité!
| Dick Langlois |
I have recently become involved with a new organization that many readers may be interested in. It’s called the World Interdisciplinary Network for Institutional Research (WINIR). From the website:
WINIR is a specialist but global network. It is set up to complement rather than rival other organisations that have the study of institutions on their agenda. Unconfined to any single academic discipline, it accepts contributions from any approach that can help us understand the nature and role of institutions. While other organisations are intended to act as broad forums for all kinds of research in the social sciences, WINIR aims to build an adaptable and interdisciplinary theoretical consensus concerning core issues, which can be a basis for cumulative learning and scientific progress in the exciting and rapidly-expanding area of institutional research.
You can learn more and sign up here. If you join now, you will be considered a founding member. WINIR is tentatively planning a conference for next year near London and one the year after that in Rio.