That's not true - people should stop mindlessly parroting it. Glenn Ellison is the department head of the Econ school, Gary Gensler worked in the business scho

That's not true - people should stop mindlessly parroting it. Glenn Ellison is the department head of the Econ school, Gary Gensler worked in the business school. In any case, department heads aren't the "boss" of the rest of the professors in any sense familiar to the corporate world. They're just professors with administrative responsibilities and the point-of-contact to the Dean's office. https://economics.mit.edu/people/faculty/glenn-ellison https://economics.mit.edu/people/faculty/glenn-ellison https://web.archive.org/web/20210415164859/https://mitsloan.mit.edu/faculty/directory/gary-gensler https://web.archive.org/web/20210415164859/https://mitsloan....