Independent Institutions and Private Force

Source: EconLog
by Pierre Lemieux

“Harvard University is a great private institution, albeit too enmeshed in our naive political zeitgeist. … as a wealthy and influential private organization, Harvard University can provide a barrier to the power grab within the federal government and the centralization of power in this country. It is true that, like all large private universities, Harvard has imprudently become dependent on federal government money, but this was under the tacit, albeit naive, understanding that the government was motivated by education, research, and a love of free inquiry and the people.” (04/292/25)

https://www.econlib.org/independent-institutions-and-private-force/