Comparative advantage, as newly applied in universities
March 28, 2008
"This amounts to a sizeable paradigm shift from the idea of a faculty member who balances teaching, research, and departmental service, to a model based on employees who are specialists. By increasing the specialization and division of labor among the faculty, universities are transforming how the institution functions. Highly trained specialists now exist on two tracks. The research track offers the possibility of tenure while the teaching side has a growing pool of lecturers carving out rewarding positions that focus on instruction. The two models complement each other and allow faculty members to focus on their comparative advantage, either in the classroom or in research."
Link via George Leef on NRO.
UPDATE: link to article is fixed now.