David Graeber: I always say one of the great advantages of the academic life, as opposed to working in the creative industries (being a writer, musician, artist, etc) is that universities never, ever pretend they just forgot to pay you.
Yes, the recognition is appreciated, but... I have several friends teaching in the states who have recently been paid in the form of IOUs and several who have had their salaries cut, effectively, through fictional furloughs. Also, in my (tiny) music publishing business, I've watched the payment morale of US university libraries decline so badly, with payments sometimes a year or more behind (in four cases, two years and counting), that I'm close to saying no more to University purchase orders. In those worst cases, they don't even pretend that they forget to pay, they just ignore their post!