Sublime

Harvard, Yale, and Princeton, receive hundreds of millions of dollars annually in benefits directly or indirectly from the federal government, not only in direct financial grants for research but indirectly through special preferences granted by the tax code.

Erik Torenberg • The Higher Education Bubble Pt. 2

The Yale undergraduate goes to work at McKinsey for two years, then comes to Harvard Business School, then graduates and goes to work Goldman Sachs and leaves after several years to work at Blackstone. Optionality abounds!

Mihir Desai • The Trouble with Optionality

His change in plans, the decision to stay, came one year after his arrival, in September 1847, when he was offered the chair of natural history at the Lawrence Scientific School, an institution newly established at Harvard partly for the purpose of keeping him in the United States.