I haven't seen Milton Friedman, the most influential 'free market' economist speaking out about his alma mater, the University of Chicago (one of the birthplaces of American 'free market' theory).
All that acumen we hear so much about doesn't subject itself to the free market it brags so much about.
This week , Business Week revealed that Chicago, Stanford, Wharton and HARVARD MBA students and schools have a policy of not revealing grades.
"The idea is to reduce competitiveness and eliminate the risk associated with taking difficult courses."
Dissident faculty contends students lack incentive to work hard and frequently skip class.
Evidently, the actual experience of the 'free market,' is reserved for the working class.
For the disconnect between the Palace and the grunts, of saying one thing while doing another, one need look no further for an explanation.
Now, we have seen a great deal of hot air about the value of such an education, and value it has. Just not as much as hyped.
Suppose Microsoft wanted to hire the magna cum laude of the Harvard MBA School.
They can't. If the hire an MBA, he may be the best, or the worst. Microsoft has no way of knowing.
What they do know is they've hired someone who has refused to honestly compete.
If I were Microsoft, I'd refuse to hire such a chickneck prospect, and move on to a school and candidates that actually practice what they preach.
All that acumen we hear so much about doesn't subject itself to the free market it brags so much about.
This week , Business Week revealed that Chicago, Stanford, Wharton and HARVARD MBA students and schools have a policy of not revealing grades.
"The idea is to reduce competitiveness and eliminate the risk associated with taking difficult courses."
Dissident faculty contends students lack incentive to work hard and frequently skip class.
Evidently, the actual experience of the 'free market,' is reserved for the working class.
For the disconnect between the Palace and the grunts, of saying one thing while doing another, one need look no further for an explanation.
Now, we have seen a great deal of hot air about the value of such an education, and value it has. Just not as much as hyped.
Suppose Microsoft wanted to hire the magna cum laude of the Harvard MBA School.
They can't. If the hire an MBA, he may be the best, or the worst. Microsoft has no way of knowing.
What they do know is they've hired someone who has refused to honestly compete.
If I were Microsoft, I'd refuse to hire such a chickneck prospect, and move on to a school and candidates that actually practice what they preach.