Wednesday, 22 March 2006

More revealed preferences

Prof. Karlson notes that the budgetary situation at NIU is such that “enrollment impacted” departments (that’s jargon for “all our classes are full”) cannot secure additional faculty, but nonetheless the university has found the money to do a bit of landscaping.

At Duke, meanwhile, the administration has found $240 million (yes, that’s one quarter of a billion dollars, give or take, and that’s just Phase I) to make Central really tie the whole university together, but can’t scrape together the cash for sabbatical replacements in numerous departments. As I commented to the bossman, I suppose money really isn’t fungible after all.

# By Chris Lawrence @ 4:50 pm CST [Permalink] « (0)
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Tags: Academe, Duke, Economics
 

3 comments:

Any views expressed in these comments are solely those of their authors; they do not reflect the views of the authors of Signifying Nothing, unless attributed to one of us.
[Permalink] 1. mungowitz wrote @ Wed, 22 Mar 2006, 5:49 pm CST:

now, see: YOU just don’t understand budgeting.

For administrators, there is MY money, and YOUR money.

And MY money is not fungible. Though, YOURS is.

Hope that clears it up.

 
[Permalink] 2. Stephen Karlson wrote @ Wed, 22 Mar 2006, 7:34 pm CST:

That reminds me of a remark I’ve heard attributed to President Kennedy about negotiating with the Soviet Union, something to the effect of “Premier Khrushchev’s attitude is that whatever is his is his, and whatever is mine is negotiable.”

 
[Permalink] 3. Chris Lawrence wrote @ Wed, 22 Mar 2006, 8:57 pm CST:

See, I always knew there was a reason I didn’t want to be a department chair…

 
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