Excellent Sheep: The Miseducation of the American Elite and the Way to a Meaningful Life, Author: William Deresiewicz.
By Nathan Heller – Élite higher education today makes two promises. It is a liberal-arts idyll, free from the demands of breadwinning or real-world “usefulness.”
It is also an acceleration tube, where students gain life momentum befitting their competitive entry. Can it be both?
“The system manufactures students who are smart and talented and driven, yes, but also anxious, timid, and lost, with little intellectual curiosity and a stunted sense of purpose: trapped in a bubble of privilege, heading meekly in the same direction, great at what they’re doing but with no idea why they’re doing it,” he writes. more> http://tinyurl.com/mhfmed3
Posted in Book review, Business, Economy, Education, Leadership, Media
Tagged Business, Education, Industrial economy, Leadership, Organization, Regulations, United States
By T.A. Ridout – Throughout human history, those who question conventional wisdom or existing power structures have frequently made those invested in the status quo vengeful, from Galileo, to Martin Luther King Jr., to Ai Wei Wei.
Despite paternalistic assurances that Americans have no reason to fear their own government, caution is warranted.
The pattern of deception by U.S. executive branch officials makes it hard for reasonable people that are paying attention not to be skeptical of their latest pronouncements. Though the risk is not high, it would be naïve to assume there is no danger at all.
Recent U.S. history paints a clear picture of abuses by law enforcement and intelligence agencies, often with the approval of politicians. Arbitrary and illegal exercise of government power happens in the United States, as it does everywhere. more> http://tinyurl.com/lxscm2l
Posted in Business, CONGRESS WATCH, Economy, History, Leadership, Media, Net, Regulations
Tagged Big Brother, Business, Congress Watch, Government, Leadership, Organization, Regulations, United States
By Anatole Kaletsky – Sometime in the not-too-distant future, investors are certain to suffer some big and painful losses — even if I am right in expecting equity prices to continue rising in the long term.
What kind of event is most likely to end this bull run, or at least interrupt it with a setback of 20 percent or more?
If stock market valuations are not yet high enough to cause a big correction — and if monetary and economic conditions are likely to remain benign for the next year or two — then the unavoidable conclusion is that equity prices will just keep rising until they really do become over-extended.
At that point, negative news events of the kind that investors can shrug off today as almost irrelevant will prove sufficient to trigger a serious correction. more> http://tinyurl.com/lgsbgyd
By Mark Gilbert – Germany yesterday (Aug 20) sold 4.04 billion euros ($5.3 billion) of notes that pay no interest, repayable in September 2016.
Investors, it seems, are willing to forgo income for the safety of stashing their cash in the AAA-rated government debt of Europe’s biggest economy.
That’s a huge vote of no-confidence in the region’s growth prospects. more> http://tinyurl.com/qzkdneo