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Also a professor (of two varieties at different times).

I have mixed feelings about this article. I agree with the sense of ignored crisis it points to, but also think it doesn't understand the problems with the solutions it recommends, or maybe misunderstands the sources of the problems, like you're saying.

Academics is different from finance maybe in that outside of outright fraud, things are murky. What one person considers "unscientific" another might consider perfectly reasonable or even rigorous, and vice versa. I've seen debates like this, where the two sides both consider the other unscientific and theoretically and methodologically unrigorous. I don't see the outright fraud as the core of the problems either, it's an extreme version of something that exists because of rotten incentive structures. Getting rid of it is akin to replacing the roof on a house that has rotten foundations: important, but not solving the problem.

The problems in academics can't be easily reduced to one thing. There's lots of extremely competent people working under a broken model of reality, one that assumes that such competence is rare rather than common, that progress is due to single individuals rather than collaborative groups, administrations looking for money from research rather than money for research, fame rather than truth, and so forth and so on. Then there's the other side of the coin, employers using degrees to avoid competent training and hiring, reducing people to specific degrees etc.

Increasingly I see the problems with academics as pervasive to society (at least US society), something deeper, just incentivized and maybe manifest more clearly because it's so broken when applied to academics. I don't think it's a coincidence that health care and academics have both seen huge inflation in the last several decades, for example, and are both huge sources of controversy in US society. I think the average people working in those fields are doing so in good faith, but I also think there's systemic pressures that create huge problems and bad actors in both, and there's enormous reluctance in both to change things because of power structures and poor understandings from the rest of society about what's going on.



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