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“The Trouble Is…”: Crisis and Critics in American Higher Education

We’re no good, we’re no good! We’re no earthly good, Like the best of us is no damn good! The trouble is he’s crazy. The trouble is he drinks. The trouble is he’s lazy. The trouble is he stinks. The … Continue reading

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Suggested Readings about the Crisis in American Higher Education

Each fall, I offer diligent readers of this blog some tips to the best books that I’ve read over the past year. My regular review is coming next month. But herewith you get an early bonus: a list of suggested … Continue reading

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Time to Fix Your Debt?

Student debt has been in the news a lot lately, mainly because of its sheer size: some $1.2 trillion of it is outstanding, more than any other class of consumer loans in America. In previous postings (see this and this) … Continue reading

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Bubble Watching

The S&P500 Index crossed the 2000-mark this past week, fueling more wonderment at the lofty levels of equity prices. As I explained in a recent op-ed, high prices may be telling us something new about innovation that we don’t already … Continue reading

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Preparing Women for Leadership in Business–What Darden Is Doing

Last April, I blogged about my reflections on the status of women in business schools. My post followed various meetings I’d had with a range of corporate leaders, Admirals in the Navy, and senior counselors in the White House. I … Continue reading

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From Quarterdeck to Forecastle: Welcome to the Class of 2016

[This afternoon, I welcomed the Darden Class of 2016 to the school. What follows are approximately my remarks.]
On vacation some years ago, I signed on as a crew member of a tall ship in the North Sea. This was a … Continue reading

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Pricey U.S. Equities—Implied Innovation?

What are we to make of the following graphs? Figure 1 presents the long historical view of the Price-to-Earnings ratio on the S&P500 Index. Figure 2 presents a similar view, adjusting the P/E ratio for the impact of inflation on … Continue reading

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Should I work for this company?

The summer is a time of endings and beginnings. We’re about to enroll the Darden Class of 2016,
among whom many students are looking to end one career path and embark on another. Alums I’ve been
speaking with recently, took vacations, found … Continue reading

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Why Explorers Matter

Today, we observe the 45th anniversary of the first moon landing (see this for details on the observance). The world justly lionizes Buzz Aldrin, Neil Armstrong, and Michael Collins for achieving a manned lunar landing. And Armstrong’s declaration, “One small … Continue reading

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The Frontier of Technology and the Educational Experience

“We shape our tools. Thereafter, our tools shape us.”
— Tobias Kinnebrew, Bot & Dolly

The onrush of new technology into higher education is, to most academicians, both wonderful and terrible—not least for the reasons that Kinnebrew suggests: the new tools … Continue reading

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