Wednesday, February 16, 2005
Mere Money and Prestige Money
Apparently, money comes in two flavors: mere money and prestige money.
Mere money is handy for relatively profane purposes, like paying expenses or salaries, or buying stuff. Prestige money can do that, and more.
What more is left unsaid.
Both of these are public universities, meaning taxpayer-supported (one in the Midwest, one in the Northeast). I wonder if the taxpayers would take comfort in knowing that talented young researchers are getting no credit for bringing in mere money. Surely, better to suckle at the public teat than to bring in mere money. Let’s steer faculty away from, say, finding ways to pay for themselves – that’s what the taxpayers are for! Shun the drearily ordinary concerns of lesser folk, like paying bills.
Ugh. Thought processes like these are what create room for the for-profits. They may be vulgar, but at least they can count.