alt Hacker NewsJohns Hopkins has a business school, the Johns Hopkins Carey Business School, which was peculiarly not mentioned in the essay. You'd think their own business school would be capable of bringing fiscal sanity to the university?
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bpt3 • today at 8:29 PM
What is the fiscal insanity of taking money from someone and spending it for your benefit (with some strings attached, which are usually minor)?
Business school professors are professors. They've never run any business. They can train MBA students to get hired and promoted. They can keep their own personal money in S&P500 index funds. That's about it.
(EDIT: Even if a few B-school professors have real-world business management skills, why would the university listen to them? They're just employees, and they're not nearly expensive enough to be credible.)