I rarely look at the ads in the back of The Economist, but I just noticed one for the Harvard Business School in the current issue. “You are learning from real life,” a recent graduate says. “It’s not the stuff you find in books.” Annoyed, I turned the page. To my surprise, I found an ad for faculty positions at HBS on its back. Amazingly, it covers a vast spectrum of fields in need of staff: accounting and management; business, government, and the international economy; entrepreneurial management; finance; negotiation, organizations, and markets; organizational behavior; strategy; and technology and organizational management. Wow! As it is impossible to get a faculty position without a doctoral degree and a bunch of publications, including books, it seems that HBS is indeed about learning from real life. At least for the time being, there is no other way to explain so many vacant faculty positions. In other words, the ad on the previous page seems to be true to life.