Pub Date : 2019-10-15DOI: 10.7591/cornell/9781501742071.003.0004
S. Conn
This chapter looks at the unhappy relationship between business education and the developing academic discipline of economics. In the minds of plenty of ordinary people, the two are basically the same thing. Notice how many Americans think the nation's economy ought to be run like an individual business and think therefore that government ought to be run by businessmen. Notice as well how many economists try to remind people that making a profit and managing an entire economy have little in common. More importantly, whatever else their curricular differences might be, virtually everyone associated with the new business schools agreed that business students ought to be taught economics. Economics, first and foremost, would put the starch of “science” into business education. That consensus, however, only raised other questions. If it was not obvious where economics belonged in the business school curriculum, where did economics belong on campus altogether? Did economists share more in common—methodologically, theoretically, even temperamentally—with historians or with accountants? These questions created considerable confusion and tension on campus. Figuring out just where economics belonged proved to have no obvious solution.
{"title":"Dismal Science versus Applied Economics","authors":"S. Conn","doi":"10.7591/cornell/9781501742071.003.0004","DOIUrl":"https://doi.org/10.7591/cornell/9781501742071.003.0004","url":null,"abstract":"This chapter looks at the unhappy relationship between business education and the developing academic discipline of economics. In the minds of plenty of ordinary people, the two are basically the same thing. Notice how many Americans think the nation's economy ought to be run like an individual business and think therefore that government ought to be run by businessmen. Notice as well how many economists try to remind people that making a profit and managing an entire economy have little in common. More importantly, whatever else their curricular differences might be, virtually everyone associated with the new business schools agreed that business students ought to be taught economics. Economics, first and foremost, would put the starch of “science” into business education. That consensus, however, only raised other questions. If it was not obvious where economics belonged in the business school curriculum, where did economics belong on campus altogether? Did economists share more in common—methodologically, theoretically, even temperamentally—with historians or with accountants? These questions created considerable confusion and tension on campus. Figuring out just where economics belonged proved to have no obvious solution.","PeriodicalId":128062,"journal":{"name":"Nothing Succeeds Like Failure","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129451200","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-10-15DOI: 10.7591/9781501742088-007
{"title":"6. Same as It Ever Was: How Business Schools Helped Create the New Gilded Age","authors":"","doi":"10.7591/9781501742088-007","DOIUrl":"https://doi.org/10.7591/9781501742088-007","url":null,"abstract":"","PeriodicalId":128062,"journal":{"name":"Nothing Succeeds Like Failure","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123648913","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-10-15DOI: 10.7591/9781501742088-001
S. Conn
{"title":"Introduction: The Beast That Ate Campus","authors":"S. Conn","doi":"10.7591/9781501742088-001","DOIUrl":"https://doi.org/10.7591/9781501742088-001","url":null,"abstract":"","PeriodicalId":128062,"journal":{"name":"Nothing Succeeds Like Failure","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122743911","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-10-15DOI: 10.7591/cornell/9781501742071.003.0007
S. Conn
This chapter explores what has changed and what has stayed the same in business schools across the United States. On the one hand, the growth of the finance economy since the 1980s has meant that what goes on in business schools has aligned more perfectly with the corporate world than at any other time in the preceding century. Shareholder value became the mantra chanted in classrooms and boardrooms. On the other hand, business schools continue to evade the ethical issues raised in and by the business world, and they have avoided much by way of accountability for what they teach. The chapter then explains that two more things have changed over the last few decades. The first involves the erosion of the democratic impulse of American higher education. The second change is the growing influence of business-school thought on the way universities do their own business.
{"title":"Same as It Ever Was","authors":"S. Conn","doi":"10.7591/cornell/9781501742071.003.0007","DOIUrl":"https://doi.org/10.7591/cornell/9781501742071.003.0007","url":null,"abstract":"This chapter explores what has changed and what has stayed the same in business schools across the United States. On the one hand, the growth of the finance economy since the 1980s has meant that what goes on in business schools has aligned more perfectly with the corporate world than at any other time in the preceding century. Shareholder value became the mantra chanted in classrooms and boardrooms. On the other hand, business schools continue to evade the ethical issues raised in and by the business world, and they have avoided much by way of accountability for what they teach. The chapter then explains that two more things have changed over the last few decades. The first involves the erosion of the democratic impulse of American higher education. The second change is the growing influence of business-school thought on the way universities do their own business.","PeriodicalId":128062,"journal":{"name":"Nothing Succeeds Like Failure","volume":"269 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124949477","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-10-15DOI: 10.7591/9781501742088-003
{"title":"2. Teach the Children . . . What? Business Schools and Their Curricular Confusions","authors":"","doi":"10.7591/9781501742088-003","DOIUrl":"https://doi.org/10.7591/9781501742088-003","url":null,"abstract":"","PeriodicalId":128062,"journal":{"name":"Nothing Succeeds Like Failure","volume":"66 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127426931","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-10-15DOI: 10.7591/cornell/9781501742071.003.0006
S. Conn
This chapter assesses how business schools have responded to periods of economic crisis—or have not. What is striking is how business schools seem to have been remarkably untroubled by any of the economic crises the nation has endured since business schools opened for business. Whether in the 1930s, in the 1970s, or at the beginning of the twenty-first century, there has been a collective shrugging of the shoulders inside most business schools. That nonresponse helps one understand that many at business schools and the business leaders with whom they interacted defined “crisis” in a different way. For them, the crisis was one of public relations—how to make business look better when it had lost the confidence of so many Americans—not one of what business had done to lose that trust.
{"title":"Good in a Crisis?","authors":"S. Conn","doi":"10.7591/cornell/9781501742071.003.0006","DOIUrl":"https://doi.org/10.7591/cornell/9781501742071.003.0006","url":null,"abstract":"This chapter assesses how business schools have responded to periods of economic crisis—or have not. What is striking is how business schools seem to have been remarkably untroubled by any of the economic crises the nation has endured since business schools opened for business. Whether in the 1930s, in the 1970s, or at the beginning of the twenty-first century, there has been a collective shrugging of the shoulders inside most business schools. That nonresponse helps one understand that many at business schools and the business leaders with whom they interacted defined “crisis” in a different way. For them, the crisis was one of public relations—how to make business look better when it had lost the confidence of so many Americans—not one of what business had done to lose that trust.","PeriodicalId":128062,"journal":{"name":"Nothing Succeeds Like Failure","volume":"115 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128395484","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-10-15DOI: 10.7591/9781501742088-006
S. Conn
{"title":"5. Good in a Crisis? How Business Schools Responded to Economic Downturns—or Didn’t","authors":"S. Conn","doi":"10.7591/9781501742088-006","DOIUrl":"https://doi.org/10.7591/9781501742088-006","url":null,"abstract":"","PeriodicalId":128062,"journal":{"name":"Nothing Succeeds Like Failure","volume":"196 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122522558","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-10-15DOI: 10.7591/9781501742088-002
S. Conn
{"title":"1. The World before (and Shortly after) Wharton: Getting a Business Education in the Nineteenth Century","authors":"S. Conn","doi":"10.7591/9781501742088-002","DOIUrl":"https://doi.org/10.7591/9781501742088-002","url":null,"abstract":"","PeriodicalId":128062,"journal":{"name":"Nothing Succeeds Like Failure","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121453943","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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