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As a side note, here's an argument from Paul Graham regarding central planning (when writing about MIT and Harvard): > [1] This is one of the advantages of not
by alehul 9y ago
As a side note, here's an argument from Paul Graham regarding central planning (when writing about MIT and Harvard):
> [1] This is one of the advantages of not having the universities in your country controlled by the government. When governments decide how to allocate resources, political deal-making causes things to be spread out geographically. No central goverment would put its two best universities in the same town, unless it was the capital (which would cause other problems). But scholars seem to like to cluster together as much as people in any other field, and when given the freedom to they derive the same advantages from it.
[1] http://www.paulgraham.com/cities.html#f1n http://www.paulgraham.com/cities.html#f1n
- nbsd4life 9y agoIt's easy to speak against government funding with a $40 billion endowment, which is higher than the GDP of some countries.