Phillip W. Magness

U.S. Economic & Political History

Empirical evidence of adjunct hours and expectations

| May 11, 2015

I’ve been blogging quite a bit recently about the controversies of the adjunct professor market. The topic interests me for a number of reasons. I regularly work with grad students who are on the academic career path, meaning employment concerns in a weak and increasingly adjunctified job market are a recurring theme. On a more […]

Hayek anticipated Piketty by 60 years

| May 9, 2015

This morning I came across the following passage from an article¬†that F.A. Hayek published in 1956, entitled “Progressive Taxation Reconsidered.” Their content struck me as particularly prescient, as they directly anticipated both the punitive dimensions of Piketty’s wealth tax proposal, and the vulnerability of progressive income taxation to political capture. As Hayek writes: “With scales […]

Dispelling Further Adjunct Mythology

| May 8, 2015

My previous post on the “Myth of the Minimum Wage Adjunct” stirred up an unusual amount of discussion of the issue, including additional commentary on the nature of the adjuncting job market. It warrants reiteration that I in no way believe that adjuncting is a route to wealth, but neither is it necessarily a¬†path to […]