> To understand this you need to look at the career track of newly minted math PhDs and what one needs to do to secure tenure. You can pursue new mathematics w

> To understand this you need to look at the career track of newly minted math PhDs and what one needs to do to secure tenure. You can pursue new mathematics without having a PhD. I think the most difficult/frustrating part about academic/institutional mathematics is the politics and bureaucratic bullshit.