Yale & The Ivy League Cartel: How a College Lost its Soul and Became a Hedge Fund

The book reviews the development of “Old Yale” from its origin in 1701 to its death in the latter half of the 20th century, describes the Ivy League Cartel that prevents price competition among members and makes possible persistent price increases, and explains how the cartel has been preserved by skillful lawyering and political support of the academic establishment.