This isn't new. It's a system to furnish high-quality and cheap laborers. Grad students and postdocs in big-name institutions are like all the hopeful would-b

This isn't new. It's a system to furnish high-quality and cheap laborers. Grad students and postdocs in big-name institutions are like all the hopeful would-be film actors hanging around LA. There are dozens of jobs and tens of thousands of applicants. But it's worse in the academy, because there's a plausible, but false, case to be made that hard work can change the outcome. For every Nobel Prize, there are ten thousand broken dreams.