Larry Summers on What Went Wrong on Campus

Yascha Mounk and Larry Summers on Persuasion podcast:

Larry Summers: Paul Samuelson famously said that if he would be allowed to write the economics textbooks, he didn’t care who would get to perform as the finance ministers going forward. So I think what happens in universities is immensely important. And I think there is a widespread sense—and it is, I think, unfortunately, with considerable validity—that many of our leading universities have lost their way; that values that one associated as central to universities—excellence, truth, integrity, opportunity—have come to seem like secondary values relative to the pursuit of certain concepts of social justice, the veneration of certain concepts of identity, the primacy of feeling over analysis, and the elevation of subjective perspective. And that has led to clashes within universities and, more importantly, an enormous estrangement between universities and the broader society.

When the president of Harvard is a figure on a Saturday Night Live skit, when three presidents of universities combine to produce the most watched congressional hearing film clip in history, when applications to Harvard fall in a several-month period by more they’ve ever fallen before, when alumni are widely repudiating their alma mater, when they’re the subject of as many legal investigations as the Boeing company, you have a real crisis in higher education. And I think it’s been a long time coming because of those changes in values that I was describing.

More here.