American university presidents are a nervous breed; I have never thought well of them as a class. - John Kenneth Galbraith

Should there be sacrifice, as always in the mature corporation, it is not suffered by those who agree to it.

People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. Intellectual myopia, often called stupidity, is no doubt a reason. But the privileged also feel that their privileges, however egregious they may seem to others, are a solemn, basic, God-given right. The sensitivity of the poor to injustice is a trivial thing compared with that of the rich.

For thousands of reluctant scholars, a few distantly remembered curves depicting the interaction of supply and demand to establish prices have for long been the only permanent return on an investment in economic education.