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I went to my first RAE meeting of the cycle this week. I see that only one panel chair comes from a new university, and the criteria for assessment will not be published until late 2005, leaving a lead time for publication of just over two years - and, once again, no notion of future income against investment.

As always in the English university system, tout ?a change, mais c'est la m¨ºme charade .

Sam Whimster
Editor, Max Weber Studies