Says Michael Thomas, former successful investment banker and, of late, inspired author: “[They] lack liberal arts literacy…need a broader vision, a sense of history, perspectives from literature and art… I’d close every one of the graduate schools of business….” Practitioner-observers make similar points. From one at National Semiconductor we hear, “People with degrees like a Harvard BA and a Stanford MBA last about seventeen months. They can’t cope [with the flexibility and lack of structure].”

