Why has our economy stopped learning?

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Last week, after the University of Virginia Board of Visitors forced out President Teresa Sullivan just two years into her term, U.Va. alumnus and liberal author Jamelle Bouie blogged at the American Prospect that the episode is really a result of “[t]he constant denigration of government and public service, coupled with the often unjustified veneration of business.” He wrote that “[i]n an earlier time, we understood that the values and priorities of the market weren’t universally applicable; of course you wouldn’t run a university like a business. It has different goals, serves different constituencies, and more important, has a broad obligation to serve the public.”

But here’s a question: Are our public universities serving the public well?

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