>> Of course, if you view a PhD purely as training >> for academic positions, then clearly something is broken, >> because there are very few academic posi

>> Of course, if you view a PhD purely as training >> for academic positions, then clearly something is broken, >> because there are very few academic positions. It always surprises me when people think this. It stands to reason that in a non-expanding market that each professor can on average train only one replacement in his/her entire career.