Academonomics

Ha! So true!

William A. Niskanen, an economist who worked for the US Department of Defence, observed in the late 1960s that bureaucracies have a tendency to provide more services than are really needed. He suggested this was because a bureaucrat's salary, reputation and power tend to be related to the size of the budget they control. A university administrator's budget often appears to be related to the amount of information they collect.