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by toshk 2244 days ago
Yes sort of. This is the obvious that bothers many.

Of course there is also a deeper culture here. For instance that students in big name universities learn standard macro economics. And then when they come to the institutions this is their default mode of thinking, even though they don't directly benefit from this. But it might be hard to reach to top of many of these institutions as a contrarian, so longterm there is not much incentive to go against established norms.