At the same time, despite the storm of criticism of Professor Barro's deal from Columbia professors in departments other than economics, there is no sign that that Columbia had in any way begun to back away from the commitments it was making to lure Professor Barro.
They are paying premiums to lure professors, who are in increasingly short supply.
While faculty housing subsidies are not uncommon, they are generally seen as a perk to lure professors and off-set high living costs.
Salaries for artificial intelligence researchers at big tech companies are skyrocketing, luring many professors.
What was the dish that lured the professor?
In recent months, Mr. Summers went to great personal lengths to retain Professor Gates, who had built the department into a national powerhouse, beginning in the 1990's, by helping lure Professors Appiah and West to Harvard, as well as the sociologist William Julius Wilson and the legal scholar Lani Guinier.
Unlike many public colleges and universities where salaries are tied to rank, there was nothing to stop Mr. Rice and his colleagues from luring an associate professor, for instance, with a higher salary than that received by a full professor in the same department.
In the next few years, Stevens hopes to hire 50 0r 60 more fulltime professors, using these new sources of money to lure new professors.
Lovett claims that "nearly everyone on the faculty at this time was [Harper's] personal choice and a subject of his special interest". Harper lured distinguished professors by offering "the salary of seven thousand dollars for head professors," which "was for the time the highest reward for what [Thorstein] Veblen irreverently called the 'hire learning.'" All Our Years, op.
They erect sumptuous buildings, lure star professors with fat salaries and hire armies of administrators.
