I've been among their critics [MBA programs]. Much of what I've seen in business schools is quite non-rigorous. Anecdotal histories are stretched to illustrate favored slogans. Evidence of their effectiveness is similarly anecdotal.

I've been among their critics [MBA programs]. Much of what I've seen in business schools is quite non-rigorous. Anecdotal histories are stretched to illustrate favored slogans. Evidence of their effectiveness is similarly anecdotal.

n truth, we don't know a whole lot of what Simeon North did. He did manage to match John Hall's ability to make interchangeable parts, but it's not clear how much of that came from Hall and how much was original with North.

It may not be replicable: One of the hardest transition that a developing country can make is the transition to middle-class status. Governments have to let go, people start insisting on following their own lights, etc.

Land Grant College Act is the jewel of Republican reform. It had not occurred to any other country to educate their farmers and workers. When the British studied the reasons for American success in 1851, the consensus was that Americans workers were well educated. So they didn't oppose progress the way British workers did.

I think it was the occasion of the final psychological break with Great Britain, in a way that had clearly not happened to that date, especially in New England and to som degree in the South.

For just a few dollars registration, you got temporary possession of a good piece of land. Live on it for five years, build a house, and farm it, and it was yours. What a brilliant economic stimulus!