Showing posts with label Business Schools. Show all posts
Showing posts with label Business Schools. Show all posts

Friday, January 23, 2015

Academic freedom watch: academically disguised lobbying at the University of Kansas

I noted before the news about hiring practices at Florida State being influenced by the Koch's brothers ideological agenda. Now the news suggest that the Koch have been funding an ideologically biased center at the University of Kansas (KU). Art Hall, who worked for the the Koch's, and now runs KU's Center for Applied Economics, has been at the center of the controversy.

There is a new and troubling development in the story. Professor Hall has filed to block a group of students that wanted more information about the relation between him and the Koch brothers. Schuyler Kraus the president of Students for a Sustainable Future, the group behind the information request, suggested that: “It just seems more obvious that there’s something going on that they want to hide.” Indeed.

The connections of wealthy individuals, with strong views on the economy, funding research on economics is always problematic. Not surprisingly, this is happening at a Business School, which are often heavily dependent on corporate donors, who might have a political agenda that conflicts with the research values that most universities profess to follow.

PS: You may want to check the UnKoch My Campus website here. This quote from Charles Koch in their site is telling: "We should cease financing our own destruction and…[support] only those programs, departments or schools that 'contribute in some way to our individual companies or to the general welfare of our free enterprise system.'"

Saturday, April 12, 2014

You get what you pay for; but not when it comes to business degrees

Veblen famously doubted whether Law Schools had a place in Universities, and as I noted not too long ago he was not altogether happy with what we would now call Business or Management Schools. He said in The Higher Learning in America:
"A college of commerce is designed to serve an emulative purpose only -- individual gain regardless of, or at the cost of, the community at large -- and it is, therefore, peculiarly incompatible with the collective cultural purpose of the university. It belongs in the corporation of learning no more than a department of athletics. Both alike give training that is of no use to the community,except, perhaps, as a sentimental excitement. Neither business proficiency nor proficiency in athletic contests need be decried, of course. They have their value, to the businessmen and to the athletes, respectively, chiefly as a means of livelihood at the cost of the rest of the community, and it is to be presumed that they are worth while to those who go in for that sort of thing. Both alike are related to the legitimate ends of the university as a drain on its resources and an impairment of its scholarly animus. As related to the ostensible purposes of a university, therefore, the support and conduct of such schools at the expense of the universities is to be construed as a breach of trust."
You would imagine then that at least for those that paid for a business degree it would have a compensation in the form of higher pay after graduation. It is not the case, as the PayScale last college salary report shows. Economics majors make considerably more than accounting, finance and business majors. Funny that enticement of pay opportunities is one of the ways in which business and management schools attract students and try to encroach economic departments in many universities.

Raúl Prebisch as a Central Banker and Money Doctor

Here we edited with Esteban Pérez and Miguel Torres some unpublished manuscripts from Prebisch related to the Federal Reserve missions,...