That doesn't mean we should be doing it, though. We should always be carving back those things that are comfortable and institutionalized but not necessarily impactful.
Lewis SchiffFor example, I wear clothes I buy at trendy shops because I don't care much about clothing. If someone wants to create a trend around clothing, I'll happily and blindly follow.
Lewis SchiffIf the question is, how do we best produce business people who can succeed in the post-Great Recession era, then I think the MBA programs and their connection to large companies remains intact but it's not the path to a "Business Brilliant" life. It's a path to a middle-class existence marked by large stretches of security and comfort with occasional eruptions that you're probably ill-prepared to handle. Do I sound too cynical?
Lewis Schiff