2min chapter

People I (Mostly) Admire cover image

92. John Green’s Reluctant Rocket Ship Ride

People I (Mostly) Admire

CHAPTER

Humanities Salaries at Universities Have Not Tracked Economics or Engineering Salaries Within the University

On average they get 100 or 200 applications for every job. The fact that there's so many people who are willing to take these jobs suggests that the salary might still be from an economist perspective too high. Does that make sense? It's supply and demand, I do think it unfortunately is the way markets work. And so you're saying that colleges and universities are using this high availability of labor to set humanities salaries lower because they have such a huge number of people to choose from. Exactly.

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