A Quote by Oliver E. Williamson

The field of 'economics and organization' is still young and needs support. I have been a chaired professor much of my academic life and know that such chairs are important for recruiting and retaining faculty.
It's definitely not the typical path. But at the same time, I've been working at this since I was young. I've been swimming and running my entire life, and I've been given so much support the last few years in cycling, that I've been able to improve. And I'm still improving and still absorbing that support to help me get to be the best that I can be.
Being a professor and working are not the same thing. The academic community is composed largely of nitwits. If I may generalize. People who don't know very much about what matters very much, who view life through literature rather than the other way around.
The most important change, and it's been going on for at least three decades, is the increasing "professionalization," if that's a word, of the faculty. By professionalization I mean the tendency of faculty members to have Ph.D.'s in their academic specialties, and for these specialties to be ever more narrowly defined. The higher-rated schools may have chief executives in residence or retired execs on three-year teaching fellowships, but the days when most faculty members had considerable prior experience as businessmen or women - those days are mostly over.
My first MFA was in poetry, and it was very much part of a professional trajectory leading to life as a professor. But in my second and third years at Harvard, I realized I didn't want an academic life.
No organization engaged in any specific field of work ever invents any important developers in that field, or adopts any important development in that field until forced to do so by outside competition.
I've always been a writer because I've always been a student. My mom's a retired professor, so I come from a very academic background. I love writing, you know?
You know how on movie sets there are specific chairs for each person? I hate that. We don't have names on our chairs. We have five chairs. Anyone can sit on them. I think the idea of names on chairs on a set is terrible. It's so dumb. So we got rid of that.
[A]n important new book. . . . Professor Akerlof and Rachel Kranton have invented Identity Economics.
It's important for people to believe in themselves. It's important for young girls to have the opportunity to excel and promote themselves, and learn how to communicate and that they can be individuals, yet accomplish so much. The Girl Scouts and other organizations like them make that so important, so vital. Girls are given the opportunity very early in life to give them that confidence in themselves. It's crucial for organizations to support young women.
A well-designed 401(k) plan is an enormous competitive edge when recruiting and retaining employees.
Academic chairs are many, but wise and noble teachers are few; lecture-rooms are numerous and large, but the number of young people who genuinely thirst after truth and justice is small
I was a mere 29-year-old instructor at Kyoto, enjoying daily research work with some young students. Nothing had prepared me to be a professor at a major national university. Being too young and inexperienced to be a Full Professor, I was first appointed Associate Professor of Chemistry.
I've given the idea a lot of thought and I believe it is a sound, logical course of action to hire a woman. The woman I hire won't be on the field blowing a whistle. She'll be in charge of academic counseling for the players and will do some recruiting.
I'm a professor of economics and associate head of the MIT Department of Economics.
I've been a professor of mathematics at Harvard and at Yale. At Yale for a long time. But I'm not a mathematician only. I'm a professor of physics, of economics, a long list. Each element of this list is normal. The combination of these elements is very rare at best.
Companies are recognizing that paid leave reduces training and turnover costs, that it's a formula for recruiting and retaining good workers.
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