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My favorite Friedman-ism is this one: "I had lunch with a group of professors at the Hong Kong University of Science and Technology, or HKUST, who told me that this year they will be offering some 50 full scholarships for graduate students in science and technology. Major U.S. universities are sharply cutting back."

http://www.nytimes.com/2010/01/13/opinion/13friedman.html

50 graduate scholarships is roughly the equivalent of a smaller department at a US research university.



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