November 16, 2001
Winning Tenure, Losing the Thrill
An eminent economist at the University of Chicago, one the institution's numerous Nobel laureates, tells about successive conversations he has had over the years with his great-aunt, who always followed with interest his childhood achievements and his adult career.
"So, how is it going?" she asked him as he was completing his doctoral studies. "Very well," he responded. "I have just been awarded my Ph.D., and I have been offered an excellent job at a great university." She was