[WalterBright]

Johns 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?

[nyeah]

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.)

[WalterBright]

I'm reminded of "Back to School" where Rodney Dangerfield explained to the business professor how business really works.

[georgeecollins]

This is so true! At best business school professors have a side hustle consulting. And you can read in many places about the perils and questionable efficacy of consultants.

What they are-- first foremost-- is academics and fad surfers.

[bpt3]

What is the fiscal insanity of taking money from someone and spending it for your benefit (with some strings attached, which are usually minor)?

[WalterBright]

The article explains it reasonably well.

[bpt3]

Are you talking about the rambling tirade of a bitter professor with an immense distrust of his employer that verges on paranoia, or some other article linked elsewhere in one of these threads?

In case it wasn't clear, I don't agree that the original article explains it well.

[samrus]

> In case it wasn't clear

I like the delusions of subtlety