University of MD Professor wins Nobel Prize!

[wisteria]

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Because it has always bugged me when schools “hire” famous retired profs with the hope to add a little academic prestige. Most of their work that made them famous is decades behind them and was accomplished with the support of another school. It brings honor to the schools he attended and the schools where he did his work. I just feel the rest is bogus. But that’s just my opinion.

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<p>Harvard had a policy that was forcing all professors in Schelling’s cohort to retire by age 70. He was full of energy and wanted to continue his teaching and research. (And his colleagues nationwide clearly had a high opinion of him. He was elected President of the American Economics Association in 1991.) </p>

<p>And you think UM and all the other universities should have just been hands-off–let’s abandon this guy who is being forced out by his university’s retirement policy?</p>

<p>I’m not familiar with the details of the research he’s been doing since 1990 and it’s entirely possible that it’s not of the same exact quality or quantity as his earlier work, but I do know that scholars all over the country are delighted to get his feedback on their work when he passes through on trips. I understand he is generous with his advice, and it’s full of insight, cleverness, and common sense.</p>