The hard money - soft money question...is it time for a change?

Today my grad student Katy asked me what "soft money" meant -- I found this article that really describes not only what soft money (money from grants) is, but how most faculty in the health sciences rely on it and how it has affected administrative decisions at universities...the article is mostly discussing Emory University, but the ideas apply across the board...the article is by Donald G Stein, and you can read about it by clicking here...