- Bret Stephens: “[The university is] not just a credentialing agency — their de facto current role — or even a knowledge factory, which is the Yale committee’s aspiration. It’s something altogether deeper: a place where the universe of knowledge connects; where sustained engagement across multiple disciplines, enlivened by a genuine contest of ideas, nurtures the capacity for mature independent thought; where the rigor of a difficult education, enforced by a realistic prospect of failure, puts sharp young minds on a path to originality and self-understanding.”
- The primary lesson of global financial history: leverage can turn a “conflagration into an inferno,” says the FT.
- UK bans phones in schools, though nearly all were already restricting use in schools; social media under 16 may be next.
- The economics of sold-out concerts, via Bloomberg.
- Raphael was the “politest apparatchik of the High Renaissance.”