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Three pieces on universities worth reading. 1/ Cutler + Glaeser paper on unis as organisational form. TLDR; a weird hybrid of academic entrepreneurs battling with centralising bureaucrats; incredibly successful, but also internalises a lot of conflict. www.nber.org/papers/w35079
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Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
www.nber.org
How Have Universities Survived for Nearly a Millenium
Max Nathan