Sublime

- “What is our role in the world? To what extent is our institution a vehicle for political progress as opposed to academic excellence? Rational decision-making is impossible if these questions are left hanging, but at the same time it’s not hard to see why nobody tries to resolve them.”

Crow and Dabars don’t hold back in tearing down what they call the “Harvardization” of universities, where schools are responding to the higher education crisis by decreasing their acceptance rates and increasing their price tags, instead of trying to develop a better product that’s designed for the scale and type of demand we’re seeing today.

“I’m a first-year associate at a prestigious management consulting company in the UK. Not a day goes by without someone higher up the chain of command reminding us that “the customer comes first.” We are told, “Do the right thing for the customer.” Yet not a week goes by without seeing several instances of those same senior managers flogging (Brit.

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the best scientific minds are stuck in academia, the best operators are stuck in large consulting firms (like McKinsey) and the best engineers are stuck at FAANG companies... One of the reasons they do this is because they don’t know what to do next.

Ha-Joon Chang in today's FT: "Economics today resembles Catholic theology in medieval Europe: a rigid doctrine guarded by a modern priesthood who claim to possess the sole truth. Dissenters are shunned." https://t.co/PClWK4LSuo

The always prescient @matt_levine https://t.co/d5GUvYdWoS