Fair point. The market is working properly.<p>The problem is mostly academics selling lies about that market to impressionable young students. They&#x27;re supposed to be mentors looking out for their students&#x27; best interests, but are actually just pushing up the labor supply and pushing down prices.<p>forgotpwtomain&#x27;s comment is highly indicative of the way academics do that. &quot;Ignore the reality of terrible job options in academia. Industry is dirty and being a penniless researcher is the only noble path through life.&quot;