In Cents and Sensibility, an eminent literary critic and a leading economist make the case that the humanities—especially the study of literature—offer economists ways to make their models more realistic, their predictions more accurate, and their policies more effective and just. Arguing...

The system of academic tenure has come under increasing scrutiny. The authors provide a brief review of the tenure literature, discuss some recent tenure controversies, and present basic data on the percentage of faculty subject to the tenure system. The issue of tenure is discussed in terms of...