Monday, September 08, 2008

Markets in Everything: Better Grades

Russia edition: Cash for better grades.

Iowa edition: Sexual favors for better grades.

5 Comments:

At 9/08/2008 10:52 PM, Blogger Jen said...

I'm sitting here laughing...The political science teacher is interested in breasts and messes up a career just to touch, lick, fondle his struggling students.

An economics professor wants cold hard cash.

No wonder why our political system is a disaster. The poli sci prof should be asking for money - which in turn he can go spend at an establishment that allows people to enjoy themselves (get the idea). Instead - in true governmental fashion, he couldn't figure a way to maximize opportunity.

Classic line of the entire article: Girls flash for beads. Is he tossing those in with the As?

Thanks for the laugh!

 
At 9/08/2008 11:00 PM, Anonymous Anonymous said...

Fraud is not a characteristic of a market. The second example is clearly a situation involving fraud. The Professor is supposed to accurately report the grades of his students. That is at least implicit in his contract.

 
At 9/08/2008 11:14 PM, Blogger Highgamma said...

It appears Professor Miller paid the ultimate price.
http://iowaindependent.com/4631/missing-ui-prof%E2%80%99s-body-identified-thus-closing-sexual-bribery-case

 
At 9/09/2008 10:03 AM, Anonymous Anonymous said...

The only thing funnier than the article was Jen's post.

Thank you for the laugh Jen!

 
At 9/09/2008 10:48 AM, Anonymous Anonymous said...

Mark,

It seems like the more "subjective" the subject the more flexibility profs have about grades. We don't have to talk about this extreem stuff but students know that sitting in front and laughing at professors jokes and comming to office hours so that profs get to know them is an investment that pays off. This doesn't work as well in something like econ where there are clear right and wrong answers.

 

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