(2005-12-03) Economist Drucker Dead

On Peter Drucker - Along the way, he became increasingly convinced that the best hope for saving Civilization from barbarism lay in the humdrum science of Management. He was too sensitive to the thinness of the crust of civilisation to share the Classical Liberal faith in the Market, but too clear-sighted to embrace the growing fashion for BigGov-ernment solutions. The man in the grey-flannel suit held out more hope for mankind than either the hidden hand or the gentleman in Whitehall... He was emphatically a management thinker, not just a business one. He believed that management is "the defining organ of all modern Institution-s", not just corporations; and the management school that bears his name at Claremont College recruits a third of its students from outside the business world.