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Might have something to do with the fact that university donors love to build new buildings instead of just giving the university money to be spent on HR. (And

Might have something to do with the fact that university donors love to build new buildings instead of just giving the university money to be spent on HR. (And then the university doesn't have a guaranteed funding source for a top professor? Yikes!) Endowed chairs work a bit better, but those usually don't go towards new recruitment.

madh 16y ago
Yep. Large donors also like to only pay for constructing buildings, not maintaining them.
unwind 16y ago
Isn't that, in turn, perhaps because oftentimes donors then get to name the building? At least this seems common in the US, but that's just an observation from the outside.