Will I get in?

Colleges & Universities Carnegie Mellon University
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<p>I wrote an additional letter to CMU about the reason i wanted to get in. Here’s an excerpt from it. Considering that I have good stats will i get in? I didn’t get anything yet.</p>

<p>Monopolies increase prices at the expense of the consumer. One example is Andrew Carnegie’s steel empire. By buying big portions of all the production process of steel, he managed to control the price of steel and earn maximum profit. Because it hurts the consumers and the economy i strongly disapprove monopolies and certainly despise Andrew Carnegie. Because i want to fix the ills of Andrew Carnegie I wish to attend Carnegie Mellon.</p>

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<p>■■■■■…</p>

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<p>you’re kidding.</p>

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<p>“price of steel and earn maximum profit”
The point of a monopoly is not the earn the greatest profit but to keep the monopoly. They will not always produce at MC = P, but rather where P> MC=MR. The monopoly operates at inefficiency contrary of a normal firm. </p>

<p>Therefore, you’d be rejected :)</p>

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<p>try to be less contrived and hope for the best</p>

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<p>I recommend you to study Schumpeterian economics before you send this.
In many cases, especially in primitive industrial development, monopoly did in fact increase productivity and accelerate the innovation process.
You have no idea how much Carnegie steel prospered US manufacturing industry at the time.</p>

<p>No offense, but you made me laugh…really hard …thanks.</p>

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<p>Carnegie was a very smart man. He introduced competition among his workers and maximized efficiency. This combined with the assembly line allowed Carnegie Steel to be one of the most beneficial monopolies if not THE most beneficial monopoly to the American economy.</p>

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<p>OP, I hope you did you did your research. Carnegie Steel did not have a monopoly. He had many competitors. He was just more efficient, innovative, and took risks (investments) when other companies did not. You are confusing JP Morgan Trusts that acquired Carnegie Steel and formed US Steel.</p>

<p>In all likely hood, your first city library was built by funds given by Carnegie. I hope you used it.</p>

<p>There is a biography of Carnegie:
<a href=“http://www.petekrass.com/carnegie.html[/url]”>http://www.petekrass.com/carnegie.html&lt;/a&gt;&lt;/p&gt;

<p>Carnegie and Frisk:
<a href=“http://www.calitreview.com/Reviews/meetyouinhell_053.htm[/url]”>http://www.calitreview.com/Reviews/meetyouinhell_053.htm&lt;/a&gt;&lt;/p&gt;

<p>related Carnegie institutions. The list gets extensive when you include institutions that receive or had their foundations laid by Carnegie’s wealth.
If you add the associates of Carnegie you will discover that the world is what it is because of them.
<a href=“http://www.carnegie.org/sub/links/other.html[/url]”>http://www.carnegie.org/sub/links/other.html&lt;/a&gt;&lt;/p&gt;

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<p>Just one more fact, Carnegie Mellon University isn’t all about Andrew Carnegie. Carnegie Institute of Technology got merged with Mellon Institution at some point…I don’t know the exact date…
So, if you want to go to CMU for the spirit of fixing ‘ills’, you’d better despise Andrew Mellon as well…</p>

<p>Anyhow, one thing for sure, after more than a century there are no ills of Andrew Carnegie or Andrew Mellon left at CMU, if there were any…
They have good scholarships named after him though…if you think this is ‘ills of Carnegie’…</p>