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MBA programs now flood the business world with graduates—more than 150,000 a year in the United States alone. These applications have been making an attempt to turn management into a hard science for most of the past six many years. In massive measure this effort started in response to scathing reviews on the state of business education in America issued by the Ford and Carnegie Foundations in 1959. Within the view of the report writers—all economists—enterprise programs were stuffed with underqualified college students whose professors resisted the methodological rigor of the laborious sciences, which different social sciences had embraced. Briefly, business training wasn’t scientific enough. It was in part to remedy this shortcoming that the Ford Foundation supported the … Read More