Public Policy Analysis and Macroeconomic Theory

a job.
It may be argued that in the western countries also it is not the teacher or the researcher with the highest degrees who gets the highest salaries Yet it must be remembered that in many of these countries, there is a large intake from the poorer countries. The viability of many a graduate programmes in the US is dependent on foreign students. It also must be remembered that the salaries at least assure a decent middle class existence so that many still choose the profession of teaching for the life style it entails Finally, the strong links with industry and government allow sufficient funds to flow in to supplement lower academic incomes In tact, the academic community in higher education should demand a raise in the level of salaries in schools and of emoluments of PhD scholars as well. They should also be prepared to offer a cut in salaries as a part of a national incomes policy. However, as long as the government is not willing to evolve a national policy and fixes salary levels only on the basis of the coercive capacity of different sections of the population, the teaching community to protect and promote the education system must ask for much higher salaries than are being offered under the new scheme. This coupled with the demand for greater autonomy within the education system are the two critical needs of higher education REVIEWS Public Policy Analysis and Macroeconomic Theory Ranjan Ray Political Control of the Macroeconomy: The Political Economy of Public Policy-Making by Paul Whiteley; Sage Publications, London, 1986; pp 212,