Word: academia
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...departments like economics, students can spend a year or more working outside of academia while publishing and attending conferences, and can reenter the job market later...
...former secretary of the Treasury is preparing to make the transition back to academia from the Washington world he has inhabited since his first appointment to the Clinton administration...
When Summers left Harvard in 1993 for a post at the Treasury Department, some thought he would not last long outside the world of academia and inside the political world of Washington...
Harvard professors engaged in similar debates over how Summers' experience in government and the economy as well as academia will affect his presidency...
...valuable managerial and policy experience--but in the world of academia, political affiliations are sometimes a liability...