Postscript: Two Trillion-Dollar Examples That Illustrate the Point

What value would former U.S. President George W. Bush, British Prime Minister Gordon Brown, and the other country leaders place on knowing how to solve the credit crisis or even knowing how they might have avoided the problem in the first place? Given the trillions of dollars squandered, I suspect quite a lot. Yet the answer is, astonishingly, resisted among the two constituencies that are supposed to both generate and benefit from the key discipline of good decision making, the ultimate arbiter of how deep our pockets have to be put wrongs right.

The twin constituencies are business education and their assumed beneficiaries, the companies and other institutions on which depends ...

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