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Saturday, February 25, 2006
A slightly obnoxious tone in this article… …but the content seems right enough. It’s a list, in the New York Times, of mistakes President Summers made at Harvard. Here, for instance, is the Shleifer mistake: Troublesome friends may need to be sacrificed. Many professors were troubled by a lawsuit involving Andrei Shleifer, an economics professor at Harvard, which alleged that he and an associate violated the terms of a federal contract involving a university program. Harvard settled the lawsuit for $26.5 million. Had Summers tried this, though, he’d have enraged the entire economics faculty, which loves Shleifer truly madly deeply. |