OBSERVATION OF THE DAY. University Diaries.
Try being an English professor. Utility functions sounds like a breath of fresh air...
The context is a Francis Fukuyama essay that lacks internal coherence. I propose to revise and extend. Better is the enemy of good enough. Academic tenure as we understand it is one response to a tradeoff (protecting the academy from popular fads of the day, at the expense of creating self-referential and sometimes irresponsible hierarchies). Its abolition would present another tradeoff, of unknown nature. Call that a known unknown.

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