The Downsizing of Economics Professors: How It Will Happen, and Why It Will Succeed

This book provides a comprehensive overview and analysis of how economics professors should and will be downsized in the near future. The downsizing will occur as distance learning and Massive Open Online Courses (MOOCs) become more widely used, leading to reductions in college tuition and improvements in economics education.

Steven Payson has been a consultant at ICF Incorporated and the Inter-American Development Bank; a senior economist at the National Science Foundation and the Departments of Agriculture and Interior; and a branch chief at the Bureau of Economic Analysis. He received his doctorate in economics from Columbia University. He has taught at Columbia University, American University, Georgetown, and Virginia Tech. Since 2006, Dr. Payson has been executive director of the Association for Integrity and Responsible Leadership in Economics, and in 2009-2010 he was president of Society of Government Economists. He is author of four other economics books.