Entrepreneurs new ways of serving established markets, but large institutions will keep with what has worked in the past so long as it just continues to work in the present. Radical change happens only in an emergency. For the British university that time has now arrived.
Some anticapitalists have tried to claim "good" entrepreneurs don't make profit the primary goal. Yet, without profit, an entrepreneur cannot serve the people who depend on him or her for goods and services.
Egalitarians think that equality has intrinsic value: they advocate it for its own sake, not just to forestall bad consequences. But why is a situation in which some in it have been made better off, and none worse off, worse than one of equality?
The Greeks haven't saved or produced enough to justify their high standard of living compared to other countries of the world. This is a fragile bubble economy made possible by European central bankers.
You are not even allowed to ask: "Is the price we’re paying worth it?" or "Is this an abundance of caution, or an overdose?" The "serious people" attack anyone who urges calm and encourages others to adopt a "don’t panic" approach. The new party line is: panic = virtue.