Sure is gonna be embarrassing if the Efficient Market Hypothesis ends up being false, huh?
Your story, juxtaposed against the grandparent complaint, suggests that your father was somehow challenging an ambient air of socialist ideology amongst academics. However, your father was head of the department, making the point somewhat incoherent. He just as easily could have been policing his juniors to try to suppress any views which he did not approve, and embarrassing them in front of their students as a power play.
You could be right, but I'll point out that the college treated him well, and the business/finance department thrived under his management (as in it grew and attracted a lot more students). If he was a tyrant, I'd expect the college would try to get rid of him and students would avoid his department.
Your story, juxtaposed against the grandparent complaint, suggests that your father was somehow challenging an ambient air of socialist ideology amongst academics. However, your father was head of the department, making the point somewhat incoherent. He just as easily could have been policing his juniors to try to suppress any views which he did not approve, and embarrassing them in front of their students as a power play.