Word: educationism
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Catholic high schools have long provided a way out for high-achieving urban students. But in Detroit, most Catholic schools either closed down or left the city decades ago, after the race riots in 1967, when white Catholics fled to the suburbs and the city's population dropped by half...
U of D's continued presence in Detroit offers inner-city boys a way out. But it also gives affluent suburban students a way into a city that has long been neglected by its neighbors. For them, an education at U of D doesn't involve just driving across city...
Students are told hundreds of times during their education at U of D that they are training to become community leaders, what the Jesuits call "men for others." The phrase comes up in nearly every conversation with current and former students. "It's kinda corny," says Keith Ellison, class of...
Over the past decade, though, reality took a detour from Philippon's theory. Corporate America's need for outside financing fell, but the financial sector refused to shrink; it pumped out ever riskier products until the system nearly collapsed. Why the refusal? Maybe the pay was too good. Philippon and...
Before Bernie Madoff admitted to running a massive Ponzi scheme, Jeffry Picower was known for being a philanthropist. With about $1 billion in assets, the Picower Foundation, which he started with his wife Barbara, supported causes like neuroscience research at MIT and public education in Florida. The largesse seemed a...