At a recent workshop in London, I had a conversation with a fellow graduate student about the relevance of history as an academic discipline. He held that the entire academic world was a farce: professors spent too little time in the classroom, producing books that nobody read, were overpaid, and basically a general waste. Beyond my initial confusion that a fellow history graduate student would have such low esteem of his profession and peers, I think its a trenchant criticism that needs to be dealt with. This echoed the recent discussion begun by Margaret Wente in the Globe and Mail about lazy professors, and rebutted by Clifford Orwin.
The teaching debate was played out between Wente and Orwin, and I think its an important one. But another important issue is the role of historical monographs.