> it seems only fair to say that academics optimize for prestige and publication in good journals.
On one hand you have lots of people arguing that the legal duty of a company is only to make money for its shareholders. When large companies fail at that goal, it's bailout time.
On the other hand you have peer-reviewed journals where authors are incentivized to find accurate results, and researchers will cite articles on the basis of their veracity (or, if incorrect, as punching bags). Of course that's a fallible process and just as vulnerable to cronyism, but when researchers are caught cooking the books they're discredited, not rewarded.
On one hand you have lots of people arguing that the legal duty of a company is only to make money for its shareholders. When large companies fail at that goal, it's bailout time.
On the other hand you have peer-reviewed journals where authors are incentivized to find accurate results, and researchers will cite articles on the basis of their veracity (or, if incorrect, as punching bags). Of course that's a fallible process and just as vulnerable to cronyism, but when researchers are caught cooking the books they're discredited, not rewarded.