Thursday 10 November 2011

¿Occupy Harvard?

Economic students walked out a class at Harvard in solidarity with the Occupy Movement. It is normal that the students, who are going to live gloomy lives thanks to it, feel uneasy with the promotion of principles that have cause current global crisis. But that is not that clear.

The faculty chosen as a target was professor N. Gregory Mankiw, a New Keynesian economist that advised George Bush and has written some of the most important text books on the subject. University politics are always unpredictable. Not so long ago, Harvard Crimson celebrated the return of former president Larry Summers, previously fired for sexism, and one of the main responsible for laissez-faire fever. Now, a Keynesian gets the punch. In a previous post (The responsibility of Number One) I compared the reaction of the London School of Economics and Harvard in front of ethically controversial cases. It's in Spanish here.

In spite all the trouble this event may cause, it is encouraging that Harvard students think that "Harvard students will not do that anymore. We will use our education for good, and not for personal gain at the expense of millions." Here is the link to the news by the Universtity of Phoenix and here by Harvard Crimson.

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