In the days of Suetonius, 60% of prominent educators (grammarians) were slaves. Today the ratio is 97.1%, and growing. - Nassim Nicholas Taleb

When comparing salaries of government workers, consider that they have a much, much lower risk of unemployment and layoff than the rest of the population. This employment guarantee is a yuuuge hidden compensation.

The model was right, it worked well, but the game turned out to be a different one than anticipated.

It was confidently believed that the scientific successes of the industrial revolution could be carried through into the social sciences, particularly with such movements as Marxism. Pseudoscience came with a collection of idealistic nerds who tried to create a tailor-made society, the epitome of which is the central planner. Economics was the most likely candidate for such use of science; you can disguise charlatanism under the weight of equations, and nobody can catch you since there is no such thing as a controlled experiment.