Deaths, taxes, competition, weakness in public system, and faculty split are threatening the Department of Economics at UCLA. Almost half of its senior economists are leaving or about to leave.
"It's a long way from UCLA's former glory, when its applied microeconomics earned the joke that UCLA stood for the University of Chicago at Los Angeles. Professors whose names contributed much to UCLA's luster include Armen Alchian, Robert Clower, Harold Demsetz, Arnold Harberger, Jack Hirschleifer, Michael Intriligator, Axel Leijonhufvud, Jacob Marschak and Lloyd Shapley. "
"UCLA is a mess...". Will Berkeley be the next one, since its department, in particular, is besieged by offers as well?
Here is the whole story.