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Kvond has been writing about the market-bubble nature of professional academics. I highly recommend these entries, which I am compiling here. I added this entry to the list:
"When people do not write directly about the world, it is hard to compare what they say against the world. So the main corrective mechanism in the humanities is reputation built on publication and, since publication is often based on reputation, the danger of a bubble is extreme. Someone who takes a supervisor’s advice to base a career on writing about Slavoj Zizek is in the position of an investor deciding to invest in Bear Stearns on the advice of Lehman Brothers. The price is high and predicted – by those who have a vested interest – to rise further…"
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