Word: mits
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Dates: during 1970-1979
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...work is the almost universal rule, where there is less of a need to reach out for the security that a hitch in the army's officer corps can offer in an increasingly unpredictable economy, we can still send our ROTC students down the river to cross-register at MIT. But elsewhere, at Princeton, Penn, Cornell, even Berkeley, the situation is different. ROTC is thriving, as more financially squeezed middle-class students sign up by the day--a sad acknowledgement of the fact that when the economy goes sour, interest in things military invariably rises. War is indeed good business...
...addition, Perkins argues, Harvard boasts a much more diverse program than MIT. Two of the Harvard graduate faculty are Marxists whereas, in Perkins' view, MIT has "very few" radical economists on its faculty. Perkins added that he believes MIT focuses on a narrow neoclassical interpretation of economics, while Harvard tried to "see the limitations of that particular theory...
Several graduate students interviewed at MIT found fault with the narrowness of the program, however. Thomas R. Bailey '76, a second-year student, said that "what you get taught is not particularly broad. In terms of interest, there's no serious teaching of radical economics...
...added he believes the faculty at Harvard was probably larger and broader than MIT's, judging from his own experience as an undergraduate...
...Whether MIT or Harvard is better in terms of economics graduate schools, then, is no easy question, and depends a great deal on one's sources. As Perkins was quick to add, "Sure, eight or nine years ago, due to the nature of the late, '60s we certainly had problems with teaching and morale. But it would be wrong to impute those same problems to us nowadays, thus overlooking all the substantial improvements we've made since then...