I like this analysis of the Ferguson Fiasco by Stephen Marche in Esquire:

Ferguson’s critics have simply misunderstood for whom Ferguson was writing that piece. They imagine that he is working as a professor or as a journalist, and that his standards slipped below those of academia or the media. Neither is right. Look at his speaking agent’s Web site. The fee: 50 to 75 grand per appearance. ….That number means that Ferguson doesn’t have to please his publishers; he doesn’t have to please his editors; he sure as hell doesn’t have to please scholars. He has to please corporations and high-net-worth individuals, the people who can pay 50 to 75K to hear him talk. That incredibly sloppy article was a way of communicating to them: I am one of you. I can give a great rousing talk about Obama’s failures at any event you want to have me at.

We see another Zakaria connection here…. And there’s also the common denominator of massive overextension: Ferguson is a contributor to Bloomberg, a columnist at Newsweek/Daily Beast, affiliated with four universities, a documentary producer, writes books, and occasionally teaches and meets with students.

The speeches are nice work if you can get it. But are they worth the damage to your reputation that comes from compromising your work? The way that serious people stop taking you seriously? (As Tim Stanley asks in the Telegraph, “Has Niall Ferguson Jumped the Shark?) I guess it depends on your priorities. But shouldn’t Harvard at some point be concerned about professors who give the slightest tip of the (top) hat to their obligation to the university, but value it primarily for the financial leverage it provides? Because there’s only going to be more and more of them…