Academic B.S. as artificial barriers to entry

The supply of super-lefty people who are able to parse artificially dense text is limited, but not so limited that it’s hard to find people who are willing to do it for $70,000 a year. Meanwhile, student demand for humanities, anthropology, urban studies, and sociology majors is probably pretty inelastic, so university demand for professors in these areas is probably inelastic. Hence, for departments and journals in these fields to make “critical theory” a soft requirement for professors is probably an effective way of keeping their salaries (and job perks) as high as they are.

From Noahpinion: Academic B.S. as artificial barriers to entry