Will US academia collapse because it lacks PhDs by publication? As a HEURISTIC, more centralized social structures collapse sooner because they are damaged by volatility. However, a decentralized enough structure may actually benefit from volatility. PhDs by publication could be the decentralization needed to prevent the collapse of US academia.

My opinion:

http://dx.doi.org/10.13140/RG.2.2.13587.04648

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