The Market for Academic Economists - Market Power Blog

Market Power provides us with excerpts and comment from a recent WSJ article (subscribers only) on the market for academic economists. I found this excerpt from the WSJ interesting,

Timothy Bresnahan, chairman of the economics department at Stanford University in California, says there is strong interest in the relatively young crop of economists who received Ph.D.s in the 1990s and are focusing on using economic theory to address issues such as crime and school reform. "These people are using economic principles to study things which are wrong and are looking for ways to fix it," Mr. Bresnahan says, noting that this new branch of the discipline is helping to make economics more academically vibrant and attractive to students.

Read the whole thing. Supply, demand, and the price of the academic economist.

(via Marginal Revolution who are on a roll -- how the US civil war is like the hockey strike, how far $20 of gas will get you in various countries around the world, why women succeed and fail in the arts)