Harvard Rules: The Struggle for the Soul of the World's Most Powerful University

It is the richest, most influential, most powerful university in the world, but at the beginning of 2001, Harvard was in crisis. Students complained that a Harvard education had grown mediocre. Professors charged that the university cared more about money than about learning. And everyone worried that Harvard's outgoing president, Neil Rudenstine, epitomized an unhappy trend: the university president as full-time fund-raiser. Harvard may have possessed a $19 billion endowment, but had the university lost its soul?The members of the Harvard Corporation, the ultra-secretive governing board established more than three centuries ago, knew that they had to act. And so they made a bold pick for Harvard's twenty-seventh president: former Treasury Secretary and intellectual prodigy economist Lawrence Summers.Although famously brilliant, Summers was a high-stakes gamble. In the 1990s he had crafted American policies to stabilize the global economy, quietly becoming one of the world's most power