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The new learning that failed

New Criterion, by Victor Davis Hanson - Why, then, the decline of the university? In large part, many trends have emerged over the last half century that share a common trait in their antitheses to classical education and the spirit of the Western life and letters.

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The Pirate Problem Continues to Worsen

Spiegel - The hijacking of a Saudi oil tanker — thought to be the largest ship ever taken by pirates — has embarrassed a new EU coalition of warships charged with fighting piracy. German papers on Wednesday say the piracy will continue as long as Somalia remains a failed state.

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The Behavioral Revolution

NY Times, by David Brooks - Economic models and entire social science disciplines are premised on the assumption that people are mostly engaged in rationally calculating and maximizing their self-interest. But during this financial crisis, that way of thinking has failed spectacularly.

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Greenspan Concedes Error on Regulation

NY Times - On Thursday, almost three years after stepping down as chairman of the Federal Reserve, a humbled Mr. Greenspan admitted that he had put too much faith in the self-correcting power of free markets and had failed to anticipate the self-destructive power of wanton mortgage lending.

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