Word: darman
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Dates: during 1980-1989
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Richard G. Darman '64, deputy secretary of the Treasury, said in his speech before 300 students and faculty members that the country's education system is to blame for the failure of businesses to comprehend properly their role in both national and international market finance...
...question whether our educational system itself has adapted fast enough to meet what seem to me to be the demands that modern realities should place on it," Darman said...
Businesses tend not to accept government action such as the recent tax reform bill because they see it as unwarrented intervention in their internal restructuring processes, Darman said. Yet they do not realize how great a role the government plays in many facets of business policy, he said...
...Darman said that when he was a student in the late 1960s the B-School taught an introductory course on the relationship between business and government because few students had learned the extent to which government and the business sector intersected...
...addition to Darman, Professor of Business and Government Roger Porter served as deputy director of the cabinet-level Executive Policy council, and Allison serves as a special, $260-perday consultant to Defense Secretary Caspar W. Weinberger...