A study of business education in the United States was recently conducted by Professors Robert A. Gordon of the University of California (Berkeley) a… - Robert Aaron Gordon

The majority of students studying for the master's degree in business are enrolled in makeshift programs which are generally unsatisfactory... Business administration gets a much larger portion of poor students and a smaller percentage of the best students than do the traditional professional fields.

Business-cycle theorists concerned themselves with why the economy naturally generated fluctuations in employment and output, [while the rest of the profession] continued to operate on the assumption that full employment was the natural, equilibrium position for the economy.

Merely professionalizing the board of directors is not enough to achieve competent business leadership and at the same time the necessary independent check on executives.