Academic talent

Peter Sutherland may have been quoted out of context, or inaccurately, in today’s Irish Times, where it is reported that

Yesterday, Mr Sutherland was also critical of Government moves to reduce the pay of university presidents and other senior academics. Mr O’Keeffe has written to university presidents seeking a voluntary pay cut, while the Higher Education Authority has reviewed procedures which allow universities make special payments to its top academics.

Mr Sutherland called for a new flexible approach, “necessary to retain talented but highly mobile staff”.

But presumably the academics here can all agree that in the entire history of higher education, there has never been a recorded case of a talented student saying “I must get my PhD at Harvard, they have a really exciting President”, or “Oxford is the place for me, their Head of Human Resources rocks”, or “what about that VP for Research at Stanford, there’s no other option as far as I’m concerned.”

Academics — even, or perhaps especially, the opinionated ones — make universities what they are. The best students go to places like Harvard because of faculty rosters like this. VPs, Presidents and all the rest are not ‘senior academics’. They are university bureaucrats, or administrators if you prefer. In the Irish context they sometimes come up through the ranks, while sometimes they are hired in from places like the HEA.  I doubt that they are particularly mobile internationally. Paying them enormous salaries strikes me as a waste of money.

If Ireland wants to become a ‘smart economy’ it would be helpful if basic distinctions like this were kept in mind.

Tenure

This case is an embarrassment for DCU. But I was particularly taken by the following:

He [Mr Justice Geoghegan] said he was not entering into discussion of the other two grounds, as this would have required analysis of section 25(6) of the Universities Act 1997, dealing with the dismissal of employees by universities.

Given the unusual circumstances of this case, it was not advisable that the court should give a precise meaning to that subsection, Mr Justice Geoghegan said.

“Furthermore, any such analysis would lead to a judgment as to the meaning of the word ‘tenure’,” he added. “I am satisfied that the word ‘tenure’ has different meanings and connotations partly depending on its context and partly depending on the particular understanding as usually given to it within the country in which it is used.”

He added that it did not necessarily have the same meaning in this jurisdiction as it did in the US, where it meant permanency in a university post.

If this is not what tenure means in Ireland, then perhaps someone might want to inform the academics?

Martin Wolf on Iceland

Martin Wolf has an article on Iceland in today’s FT. The concluding paragraph is worth quoting in full:

they – and everybody else – must learn the really big lesson here. The combination of cross-border banking with generous guarantees to creditors is unsustainable. Taxpayers cannot be expected to write open-ended insurance on the foreign activities of their banks. It is bad enough to have to do so at home.

Why renminbi appreciation is in China’s interests

Barry Eichengreen makes the case here, without having to warn about Western protectionism.

Irish leverage in international perspective

An old friend has alerted me to this short note which has impressive pictures, and gloomy implications as far as Ireland is concerned.