I think many of you are asking too much of business models. More than you
ask of your physics models. No model yet begins to cover all aspects of the
natural world. Yet we have many models which more or less describe some
aspects of the natural world and we find these models useful, instructive, etc.
Likewise, I think business models applied to education can be useful, instructi
ve, and can provide interesting insight into our probems. Like physics models,
they have to be applied with caution, common sense, and constant vigilance to
possible pit falls.