Canadian universities don't hire only Canadian professors. And that's OK

By Frances Wooley. Every year, Ontario universities graduate over 2,000 new PhDs, but generate perhaps half that number of new jobs for professors. Academic reform advocates Ian Clark, David Trick and Richard Van Loon have looked at these numbers, and concluded Ontario has a problem: “the increase in supply of PhDs has vastly outstripped the increase in demand for new full-time professors.” Yet Canadian universities are part of a global academic marketplace, exporting graduates to other countries, and importing freshly minted PhDs from elsewhere. In my own research, I have studied just one segment of that market: the demand and supply for new economics PhDs. Read more...