A Critique of the Modern University part II: Research

I previously argued that universities fail at education, partly because academics are so committed to the life of a scholar: they want to learn, not teach (see part I). So perhaps the real contribution universities make to society comes from their research? On the one hand universities do produce a lot of it; on the other hand it is rarely useful to the rest of us. The struggle for real and important knowledge requires - surprise surprise - more than just setting up an academic bureaucracy and giving it money.

A Critique of the Modern University part I: Education

Universities have become an increasingly significant part of the economy and modern life, affecting the lives of millions of people. But what do they really do for us? The most important arguments for the social value of the contemporary university system are its contributions to education and research (see part II). Unfortunately universities currently fail at both.

Why is Heterodox Economics a Joke?

Heterodox economics isn't taken seriously by anyone else, is unlikely to be taken seriously at any point in the future, and hardly seems to take itself seriously. Why would you? Heterodox economics has a massive inferiority complex and no self-discipline.

What has the EU done for You, lately?

As everyone knows, the EU has been tremendously successful in achieving its geopolitical goals 1) peacefully contain the dominant continental power, Germany, and 2) save Eastern Europe from the collapse of the USSR (just look at the former Soviet republics to see what would have happened otherwise). But these achievements have the drawback of being deeply dull, and even worse, about things that didn't even happen. What has the EU done for You, lately?

What's the point of diversity?

Diversity is supposed to be massively important and in need of much protection, for example from the homogenising forces of globalisation: a Starbucks on every street, oh the horror! Diversity has associations with nice things like freedom (more choice), beauty (more variety, more forms), tolerance ('let a thousand flowers bloom'), and truth (more possibilities to explore mean more chance of hitting on the truth of the universe, etc). I suggest however that unless we are more specific about what what we mean by  "diversity", talk about its value is essentially gibberish.

Analytic Vs. Continental Philosophy

Analytic philosophy is rationalistic: rigorous, systematic, literal-minded, formal (logical), dry, and detached. It is modelled on physics and maths and is particularly popular in the Anglo-Saxon world. Continental philosophy is humanistic: reflexive, literary, essayistic, charismatic. It is modelled on literature and art and is particularly popular in France, Germany, and Latin America. These two traditions dominate contemporary philosophy, and they are largely mutually incomprehensible. This is unfortunate since their strengths and weaknesses are somewhat complementary.

What's really new about Behavioural Economics?

Behavioural economics is the new kid on the economics block. It's young, brash, and pushing to take over from the ageing neoclassical orthodoxy. It has a new vision of how economics should work, but does it really see anything new?