S1E50 / The Post-Pandemic College Experience / Scott Galloway and Michael D. Smith
Play • 22 min


"There's this toxic cocktail of low endowment per student, high tuition, low experience, low certification... Those universities could be out of business in a year." - Scott Galloway

Coronavirus concerns forced many universities to close their campuses this fall. The mix of fewer students on campus, canceled athletics, and online courses is threatening the viability of many traditional colleges and universities. But the pandemic is also creating opportunities to re-imagine what higher education could look like in the future. This first episode in our series on COVID's impacts on the economy looks at why some schools are so vulnerable, the next big thing in online education, and how these schools can pivot in a post-pandemic market.

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New Books in Political Science
New Books in Political Science
Marshall Poe
Hilton L. Root, "Network Origins of the Global Economy: East vs. West in a Complex Systems Perspective" (Cambridge UP, 2020)
Twenty-eight years after Francis Fukuyama declared the “end of history” and pronounced Western-style liberalism as the culmination of a Hegelian narrative of progress, pundits and academics of all stripes find themselves struggling to explain the failed prediction that China’s increased activity in international markets would inevitably lead to increasing political and social liberalization in that country.  With his ground-breaking book, Network Origins of the Global Economy: East vs. West in a Complex Systems Perspective, out from Cambridge University Press in 2020, Hilton L. Root takes a road less-traveled in contemporary economics and brings the analytical tools of systems theory to bear on this perplexing question, believing that a study of network structure might be able to shed more light than the traditional tools of economic analysis. This clearly argued and eminently readable book accounts for much of the current state of affairs by tracing the contrasting historical evolution of Europe as a Small World Network constituted by the dense connectivity of dynastic marriages between the continent’s royal houses, and China as a Hub and Spoke Network with communications flowing outward through the branches of its vast and robustly structured bureaucracy from a primary central node. Other networked social factors under consideration are the development of Europe’s blend of Germanic custom and Roman law, and China’s tradition of the ideal Confucian gentleman and its deep commitment to merit rather than birthright as the condition for ascending the ranks of administrative power structures. Emerging from this thoughtful and well-researched study is a compelling explanatory narrative of Europe’s ongoing capacity to adapt to rapid change and China’s pattern of long stretches of stability, sudden collapse, and subsequent resurrection of largely unchanged network structure. This adventurous scholarly work simultaneously opens new theoretical doors for economists and provides systems scholars with access to new dimensions of application. Tom Scholte is a Professor of Directing and Acting in the Department of Theatre and Film at the University of British Columbia located on the unceded, ancestral, and traditional territory of the Musqueam people. Learn more about your ad choices. Visit megaphone.fm/adchoices
1 hr 13 min
Trend Lines
Trend Lines
World Politics Review
What the End of the Qatar Boycott Means for the Gulf
Flights between Saudi Arabia and Qatar are resuming this week and the land border has reopened between the two countries—signs of a thaw in relations after three and half years of acrimony. Last week, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt agreed to end a travel and trade blockade they had imposed on Qatar in 2017. Those four countries, calling themselves the “anti-terror quartet,” had accused Qatar of supporting radical Islamist groups, among other charges. The crisis had divided the six-member Gulf Cooperation Council, or GCC, and the United States had lobbied extensively for an end to the blockade. But according to Sanam Vakil, the deputy director of the Middle East and North Africa Program at Chatham House in London, there remains a lot of work to do for the GCC to rebuild trust and address the disputes that caused relations to break down in the first place. This week on Trend Lines, Vakil joins WPR’s Elliot Waldman to discuss the lingering divisions and mistrust among Gulf countries Relevant Articles on WPR: Are Saudi Arabia and Its Gulf Neighbors Close to Ending the Qatar Boycott? What Does Disarray in the Gulf Mean for the GCC? Qatar’s Exit From OPEC Could Exacerbate a Rift Among Its Members Turkey Rolls the Dice by Supporting Qatar in Its Feud With Saudi Arabia Trend Lines is produced and edited by Peter Dörrie, a freelance journalist and analyst focusing on security and resource politics in Africa. You can follow him on Twitter at @peterdoerrie. To send feedback or questions, email us at podcast@worldpoliticsreview.com.
35 min
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