[blip54321]

I think you're missing the big picture.

MIT's best research was 1960-2000. At the end of that period, the endowment was around 1/10th of what it is now. That's a very healthy level of funding. $2M per professor is enough that it doesn't need to worry about money, but that there aren't obscene levels flowing into odd pockets in odd ways.

Once an institution is overcapitalized like that, dynamics change. There's a ton of corruption in 2022-era MIT (and peer institutions), conflicts-of-interest, and the insane level of competition leads to a lot of unethical behavior. There's so much money swishing around that it's tempting to skim off the top. Combine that with the traditional MIT rule-breaking ethic, and you've got trouble.

I would love for MIT to spend 90% of its money, and be back to 2000-era endowment. I would even more love for MIT to expand it's faculty and student bodies 10-fold, and give more people an opportunity to be there.

What I hate is MIT now being brand-obsessed, money-focused, hyper-competitive, and valuing high-impact and high-profit research over high-integrity research.