The Economics of Honorary Titles: What the Market Reveals
Reputation takes decades to build and can be borrowed by counterfeiters at a fraction of the cost. The economics explain both the jealously guarded honour and the fake that imitat…
7 articles
Reputation takes decades to build and can be borrowed by counterfeiters at a fraction of the cost. The economics explain both the jealously guarded honour and the fake that imitat…
Fundraising optics, celebrity bias, overlooked teachers: the critiques are serious and long-running. Reading them is the best way to understand how the practice is reforming. The…
Fraud statistics hide the individual stories — the promotion withdrawn, the licence denied, the colleague who lost trust. Why the damage rarely stays contained to the buyer. The i…
It is tempting to see a fake degree as a harmless transaction between consenting adults. The victims are simply further away: colleagues, clients, and everyone who trusts the pape…
Universities occasionally take back an honour they once conferred. The practice is rare, controversial — and an important window into what the award actually represents. Selection…
Commencement stages attract famous faces, and critics ask whether visibility has displaced merit. The debate is older than social media, and both sides have a point. History also…
Where a genuine honour is conferred, a counterfeit market sells imitations with similar vocabulary. Why a purchasable honour is a contradiction that cannot be dressed up. What sep…