One of the two Nobel Prize winners who taught me graduate economics just died at the age of 102.
The good die young, so I sort of expect anyone associated with me to live forever.
Dr. Coase left the University of Virginia just a year before he would have been fired. The new Dean had said repeatedly over the years that when he became Dean he would “clean out that nest of right-wingers in the Economics Department.”
You know all that crap you hear about Academic Freedom? It never even occurred to anybody that a tenured professor with heretical Politically Incorrect views could not be gotten rid of ASAP.
My other prof who later won a Nobel Prize got booted by that Dean. He was James M. Buchanan.
He died this year at the tender age of 93.
The good die young, but these good men’s association with me probably bought them a lot of extra time.
This is the only place you will read about this violation of so-called Academic Freedom, so I thought I’d let you know.
#1 by Jason on 09/08/2013 - 6:14 pm
I remember hearing about Coase Theorem in class. Transaction costs, etc. If I remember right, it involved bringing real world social realities to problems in economics. Something professors find messy.
If he had been fired, I wonder if that would have hurt his chances at getting a Nobel Prize? Seems like that would have hurt the new Dean’s reputation – oh you are the guy who fired the Nobel Prize winner.
Oh but wait, any colossal blunder by a Leftist goes down the Memory Hole.
#2 by Bob on 09/09/2013 - 9:14 am
He DID fire one future Nobel Laureate, James Buchanan.
And as you say, this is the ONLY place you will read about it.
#3 by Bob on 09/09/2013 - 8:28 pm
No comments.
I think I’ll join the crowd.
#4 by Herdad on 09/10/2013 - 1:41 am
You can Cow Tail or Worse disillusion yourself behind imaginary Anonymity OR Stand Tall and proclaim yourself BADASS.
I wont wait for the Boot but give it.