Moral hazard, easy money, and cheap credit have never produced good results. History is littered with examples of financial disaster brought about by monetary manipulation originating in central banks and then spreading to other parts of the system. One would think that the 2007/8 credit crisis, whose effects have not quite withered away, would teach
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Last year, a piece I did titled “Why Professors Are Writing Crap That Nobody Reads” generated some attention. In it, I pointed out what is commonly known among university professors today, namely, that most of the “peer-reviewed” essays and books they write are read by an extremely small handful of people (like 5-10, half of
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Editor’s note: The Islamic State has claimed responsibility for an attack at the Manchester Arena that claimed at least 22 lives and hospitalized 59 more people. One victim was just eight years old. The mayor of Manchester called the attack “an evil act.” Because the media often sensationalizes terrorism and authorities tend to oversimplify it,
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In 1998 I had the inestimable pleasure and honour of interviewing Alexander Solzhenitsyn at his home outside Moscow. As I traveled to Russia I had no idea why he should have granted me an exclusive interview when he had shunned the advances of Western writers much more accomplished and better known. He had a reputation
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“It’s all in Plato, all in Plato: bless me, what do they teach them at these schools!” C.S. Lewis’ character Professor Digory Kirke calls to light an increasingly detrimental error concerning education in the modern era. The Great Western Tradition and the permanent ideas about education that flow out of it are grounded in a
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In today’s society, many people tie their identities primarily to their jobs. They are what they do. After all, that’s what our schools have taught us to be. The stated goal of America’s education system is to make students “college- and career-ready.” It’s quite the reversal from Western education’s classical roots. As historian Henri Marrou
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