Disclaimer: have a PhD, went to industry I think the biggest institutional mistake of the academic system is the over-production of academic bound PhDs. Peopl

Disclaimer: have a PhD, went to industry I think the biggest institutional mistake of the academic system is the over-production of academic bound PhDs. People are strung along for years thinking they have a shot at some professorship, so they work for low pay over their prime societal contribution years before realizing there are no spots left. Academics afraid of their future security will be more prone to fraud, and more of them need enough FU money to try things that go against the grain. If we pre-filtered academics half way through their training based on the number of faculty positions that are available it could help curtail the fraud ridden rat race.