The rate of growth of the relevant population is much…
“The rate of growth of the relevant population is much greater than the rate of growth in funds, though funds have gone up very nicely. But we have been producing students at a rapid rate; they're competing for funds and therefore they're more frustrated. I think there's a certain sense of weariness in the intellectual realm, it's not in any way peculiar to economics, it's a general proposition.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Rapid growth in student numbers outpaces funding, causing competition and frustration, reflecting broader intellectual fatigue beyond economics.
In simple terms: Too many students and not enough money leads to stress.
Address funding gaps to reduce academic strain.
Themes
Mood
Type
When to use this quote
- university budgeting
- policy planning
- student support services
Key Concepts
Questions to Reflect On
- What policies could balance student growth and resources?
- How does competition affect research quality?
Funding alone may not solve underlying systemic issues.