Acton Institute Powerblog Archives

Post Tagged 'academia'

Whose Higher Ed Bubble Will Burst?

Consider the following (emphasis added): “Higher education is an industry in danger,” says Clayton Christensen, the Harvard Business School guru and a senior advisor (unpaid) at Academic Partnerships. “It’s very plausible to say that 15 years from now half of the universities that exist will be bankrupt and in some fundamental way facing extinction and the need to totally change themselves.” Continue Reading...

The Various Challenges of the Higher Education Bubble

The latest topic of The City podcast is the higher education bubble, featuring Cate MacDonald, Dr. John Mark Reynolds, and Dr. Holly Ordway. Reynolds makes the point that bubbles can arise when things are overvalued, but that it is important to determine whether that thing is relatively overvalued or absolutely overvalued. Continue Reading...

The Academy’s Rage Against Capitalism

Over at Ricochet, Peter Robinson broaches the oft asked question about intellectuals and their disdain and rage against capitalism. Robinson unearthed Robert Nozick’s, “Why Do Intellectuals Oppose Capitalism?” Nozick declared, The schools, too, exhibited and thereby taught the principle of reward in accordance with (intellectual) merit. Continue Reading...

ResearchLinks – 11.02.12

Encyclopedia Entry: “Arts” Tyler Cowen. The Concise Encyclopedia of Economics. 2d ed. Indianapolis: Liberty Fund, 2007. General economic principles govern the arts. Most important, artists use scarce means to achieve ends—and therefore recognize trade-offs, the defining aspects of economic behavior. Continue Reading...

Sirico: The Great Lie of Socialism

Socialism, despite its deficiencies, still has its fans. “Visit the philosophy and English departments on most college campuses, and you will still find intellectuals waxing eloquent on the glories of socialist theory. Continue Reading...

Whole Life Discipleship: Integrating Faith, Economics, and Work

I’m at the “Whole Life Discipleship: Integrating Faith, Economics, and Work” conference today at Regent University. As I have the opportunity today, I’ll blog (and tweet) some of the lectures. First up is Stephen Grabill of the Acton Institute, and here are some highlights: He focused on three basic questions: What is political and economic freedom? Continue Reading...