The article “Tenure: An Idea Whose Time Has Gone” by Megan McArdle argues that the tenure system, which is employed by many colleges in the country, has little merit and should therefore be done away with. The author, who is a holder of an MBA from the University of Chicago, is well versed with how the system works. She argues that the tenure system is an old system that guarantees jobs after a brief probationary process to university and college tutors whose contribution in the institute is sometimes minimal. I disagree with the claims made by McArdle that the tenor system is wasteful and has outlived its usefulness. In this paper, I will highlight the points made by the author which I do not agree with and proceed to support my stand on the issue so as to demonstrate that the tenure system is still relevant today. McArdle argues that tenure results in a lack of accountability since once tenure has been obtained; the need to be competitive in teaching is removed since there is a job guarantee. She further demonstrates that professors who receive tenure are at liberty to indulge their intellectual interests and this has a negative impact on the students under their charge since the professor dedicates most of his time to his interests. This statement by McArdle is a generalization which may not necessarily be true for all tenured staff. It is true that some professors get carried away by their intellectual pursuits and contribute little knowledge to their students, but this are the minority. Majority of the tenured professors involve their students in their intellectual pursuits as student research assistants and help to further the knowledge of the students. I feel that McArdle presents an inadequate argument when she asserts that the quality of scholarship produced as a result of tenure is only valuable to a handful of scholars in the same field. McArdle seems to suggest that research and scholarship should have a wide consumer base so as to be regarded as valuable. The fact is that many tenured personnel in universities are experts in very specific fields. While their research work can have applications that are valuable for all humans, their research works and publications can only be understood by scholars who are competent in the particular field. The fact that only a handful of scholars can appreciate the research therefore does not diminish the value of the work done by the tenured staff as the author suggests. McArdle also states that tenure is a wasteful system since the costs of maintaining the system are very high. While it is true that tenure system has a high monetary cost, the academic institutes which make use of the system do so willingly because they see its advantages. Tenure enables academic institutes to attract and retain the brightest minds that would otherwise be pulled by the big pay that private sector industries offer. While there are other means of attracting first rate minds to educational institutes, this means are very expensive since they require sufficient financial incentives to compete with the private industries. The system also makes the tenured staff loyal to the institute because of the job security they have. McArdle also arg