Moon of Alabama Brecht quote
April 10, 2005

Heritage Foundation Doubts Bush MBA

The Heritage Foundation says Bush's MBA may not be the real thing.

This Reuters report on Ben Bernanke as a possible successor for Alan Greenspan cites William Beach from the conservative Heritage Foundation:

[He] said Bernanke possesses one credential crucial for any Greenspan replacement: The ability to translate econo-speak into plain language.

"Bush is going to want to appoint someone who can sit down with him and speak in a language he understands," Beach said.

According to his official bio

President Bush received a Master of Business Administration from Harvard Business School in 1975.

The second-term Required Courses in the Harvard MBA program includes

Business, Government, and the International Economy (BGIE)

This course introduces tools for studying the economic environment of business to help managers understand the implications for their companies.

Students will learn the impact of:

  • National income and balance of payment accounting
  • Exchange rate theory
  • Political regimes

An examination of both the gains and problems arising from regional global integration covers:

  • International trade
  • Foreign direct investment
  • Portfolio capital
  • Global environmental issues

That sounds like an awful lot of econo-speak to me. Heritage's Beach thinks that's not "a language he understands". Thereby Beach doubts the value of Bush's MBA degree?

Do you? Leave your comment and/or ask him.

Posted by b on April 10, 2005 at 04:41 PM | Permalink

Comments

I am hoping to get someone in the Fed that the next Dem prez can fire without many reprocussions. St Greenspans legacy will be Harry Reid calling him a political hack.

Bushie couldn't read a third grade book and understand it.

Posted by: jdp | Apr 10, 2005 5:40:13 PM | 1

Students will learn the impact of....

Students at the Harvard Business School learn to network, and are told to do so from the start. The academic element is a diversion--mostly in the first year of the two-year MBA program (the second year is almost entirely an exercise in networking--job interviews in particular). Perhaps 5% of the school's MBA's are truly dedicated students, and almost no one gets kicked out for performing badly (weak students get extra tutoring when this is considered absolutely necessary).

Or so I'm told by folks who went there (I didn't go there myself).

Posted by: alabama | Apr 10, 2005 9:43:04 PM | 2

Businness students, in my experience, are the poorest students.

That's just my experience at two R1 universities.

Posted by: slothrop | Apr 10, 2005 10:33:34 PM | 3

of course, usually, business students can spell 'business.'

Posted by: slothrop | Apr 10, 2005 10:34:11 PM | 4

"of course, usually, business students can spell 'business.'"

Posted by: slothrop | April 10, 2005 10:34 PM | #

Just stopped by for a chuckle.

Posted by: pb | Apr 11, 2005 12:47:53 AM | 5

Slothrop, I assume you mean worst rather than least rich. Business students are not the least rich in my experience.

Posted by: Colman | Apr 11, 2005 3:18:49 AM | 6

slothrop--

Are you sure about biddness studenz and that spelling thing?

Posted by: RossK | Apr 12, 2005 3:12:46 AM | 7

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