Some of your questions seem borderline trollish.
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The pay itself doesn’t matter. What does matter is that most of academia wouldn’t be getting grant money if it were not for intrusive government.
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Counter-Question: Why was Keynes so popular, despite having all of his ideas destroyed before he ever published his General Theory?
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The Nobel prize in economics is not awarded solely for political reasons.
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Yes.
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I can’t.
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No.
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He is to the millions of ignoramuses who make up “our” government.