Monday, January 16, 2006

Posner and Becker on Tenure

At the fascinating Becker-Posner Blog, the current posts by Richard Posner (a judge on the U.S. Court of Appeals for the 7th Circuit, University of Chicago law professor, and early groundbreaking scholar in the field of "law and economics") and Gary Becker (a University of Chicago economist and Nobel laureate) comment on tenured employment. We will be focusing on the contractual aspects of the employment relationship over the next couple of weeks, particularly the employment-at-will rule (the functional opposite of tenured employment) and its exceptions.

Becker and Posner present a number of economics-based arguments against tenure at all levels of employment, including those sectors where it's most accepted and ingrained: academia and federal judgeships.

Read them (Posner's original post and Becker's comments).

Also, check out the comments to these posts, as they are often interesting.

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