Global Institutions and the Web
Robert Cailliau of CERN thinks the web is in imminent need of new global institutions.
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Robert Cailliau of CERN thinks the web is in imminent need of new global institutions.
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“The most fundamental long run source of change is learning by individuals and entrepreneurs of organizations.” So said Douglass C. North in his 1993 Nobel Prize lecture. Here I create and discuss a concept map of North’s model of economic and institutional change.
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In the U.S. currently, many colleges and universities have priced themselves precariously, making low-cost competitors the likely source of disruptive efforts to redefine higher education. Here I try to locate colleges and universities with innovative business models that include a low-cost strategy.
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Harvard recently flexed its $35 billion endowment and announced revised financial aid policies designed to make the university more affordable for middle- and upper-middle-income families. Could Harvard afford to offer all its students a free education? I decided to find out by analyzing Harvard’s current Financial Report.
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