Here’s a very interesting section from one of Paul Graham’s essays.
What really stands out to me:
- Fear of elitism causes lost opportunities. If all universities are roughly equal in quality, then none are especially good. The best professors are spread out, making them less productive. And no one university will be good enough to attract talent from abroad.
- The Germans invented the modern university, but now they suck because in the 1930s they excluded Jews. Hopefully nothing like that will cause the downfall of our universities. We love Jews and people of all races… right?
- Competition is key. It’s a good thing many of the best universities in the US are private. Government-controlled institutions just don’t work.