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They very very much care about federal funding. At a perpetual safe withdrawal rate of 2% $53 billion generates $1 billion a year to spend. Federal research gra
by bradleyjg 3y ago
They very very much care about federal funding. At a perpetual safe withdrawal rate of 2% $53 billion generates $1 billion a year to spend. Federal research grants alone total more than $500M, and federal funding includes much more than just research grants.
A dozen or so years back there was an effort by many universities, including Harvard, to keep military recruiters off campus. When the courts ruled that this would endanger federal funding Harvard, like all the others, folded like a cheap suit.
- gumby 3y ago> A dozen or so years back there was an effort by many universities, including Harvard, to keep military recruiters off campus. I’m surprised to hear that. I know objection to it went back to the Vietnam war, but didn’t realize there might have been a recent episode. Walt Rostow notoriously set troop levels from his office at MIT when he was “on leave” to work in the White House. That ended up causing the complete banishment of military research from MIT. Absolutely no exceptions, I mean, except that overtly military work can be done by MITRE and Lincoln labs (cough completely owned by MIT), ICBM navigation at Draper, the AI Lab and LCS sharing a building with the CIA for a long time, DARPA funding all over the place, whole departments essentially entirely funded by the Navy and the Air Force, and a continual revolving door between the pentagon and some departments. Harvard still has ROTC students…but they have to get up even earlier and drag themselves over to MIT for early morning drills. I didn’t feel sorry for them; Harvard students don’t have to pull all nighters every week.
- bradleyjg 3y agoAs I recall there were two more efforts after that—-one around Don’t Ask, Don’t Tell and the last one centered around the war in Iraq.