Berkeley business-school professor David Teece “doesn’t dispute estimates that his career earnings from expert consulting amount to at least $50 million,” according to a subscribers-only WSJ story. The nature of his “expertise”? In addition to a Ph.D. in economics from the University of Pennsylvania and achieving full professor status at Berkeley by the age of 34, he has served as an economic advisor to presidents and prime ministers the world over. He is also apparently willing to testify in court for any client providing “expert economic analysis” that supports whatever position the client needs it to.
Nice work, if you can get it.





