President George W. Bush is the very first President to hold a Masters Degree in Business Administration. Even better (or worse, depending on your perspective), his MBA is from Harvard Business School, where postgraduate management training was invented in the early part of the last century, and which to many stands as a symbol of the good, the bad, and the ugly faces of modern management. Harvard MBAs indisputably lead more major corporations, receive higher starting salaries fresh out of school, and carry with them more élan and glamour than the graduates of any rival business schools – facts which...