As part of the fall-out from the financial crisis, business schools are
now seen as training grounds for what FDR once called malefactors of
great wealth–the more prestigious the business school, the worse the
malefaction obviously. Columbia University’s Business School Dean, R.
Glenn Hubbard, served as chairman of the Council of Economic Advisers
under George W. Bush and has been one of the nation’s more intransigent
defenders of free market fundamentalism. While it is difficult to rank
people such as Hubbard in terms of the harm done to American workers, he
surely is a finalist in the competition for evil economists.
Hubbard is a fellow at the American Enterprise Institute, one of the
country’s foulest neoconservative think-tanks, and a regular contributor
to the Wall Street Journal editorial page where he defended Bush’s tax
cuts for the rich, scuttling the Kyoto Protocol on climate change and
most recently defended the health insurance industry against even the
mildest reforms.
Apparently not content to ravage American society, he has donned a
safari cap and penetrated the Dark Continent in order to help the
benighted natives achieve prosperity. For those who follow the
activities of a-list economists, it should be well understood that
“helping the Africans out of poverty” is a must for those aspiring to
the Nobel Prize and other honors bestowed by bourgeois society.
read full article:
http://louisproyect.wordpress.com/2009/10/03/columbia-business-school-toxic-ideology-dump/
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