Bizarre: It’s the word that best describes the brouhaha over the Charles G. Koch Charitable Foundation’s controversial grant to Florida State University, where I’m an undergraduate majoring in economics.
This controversy seems even more bizarre if you lean toward a free-market school of thought, as I do. That’s the perspective from which I have viewed the publicity and unfair criticism that FSU and its Economics Department have endured in recent weeks.
In 2008, FSU signed a contract with the Charles G. Koch Charitable Foundation for an academic grant. In exchange for receiving $1.5 million for the department over a few years, FSU agreed to form a committee, comprised of two FSU economists and one economist representing the foundation, to interview applicants for teaching positions. Although none of the candidates ultimately hired came from the committee’s list of recommendations, some people have accused FSU of allowing a private group to influence hiring decisions.
Many critics don’t realize what one observer might call “undue corporate influence in education” is what I would call “a coveted academic opportunity.” Continue reading