A hard-earned lesson

The bottom line: how you spend matters much more than how much you spend. Let this be a lesson to those who think that it only takes money to make universities good.

From this piece by Pervez Hoodbhoy; link via Abi.

By the way, though not in the same league as what Hoodbhoy describes, I have heard of cash awards for papers in one of the Indian Institutions too!

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