Word: schmidts
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Former Yale University President Benno C. Schmidt Jr. spoke about the role of presidents and trustees in meeting the "peculiar circumstance"--a term he said he preferred to "financial crisis"--facing American universities today...
...Schmidt, who left Yale to direct the Edison Project, an experimental, for-profit education system, said that university fiduciaries must guard against the "tendency to prefer the present to consume our future...
Despite Yale's financial straits during the time of his presidency, Schmidt said that the university's administration regarded it as a top priority to keep Yale accessible to all students, regardless of their ability...
...that subject the 53-year-old scholar of education has no shortage of opinions. He spends a lot of time thinking about such topical educational issues as the Edison Project, the experimental, for-profit school system for which Benno Schmidt abandoned the Yale presidency last year...
...will increasingly be played out in the 21st century not in aggression or war but in the economic sphere. The weapons used will be those of commerce: growth rates, investments, trade blocs, imports and exports. "The move to multinational trade blocs around the world has suppressed nationalism," says Gregory Schmidt of the Institute for the Future in Menlo Park, California. "Economics will eventually win out in the 21st century...