Inflation is one thing: a shrinkage of the measure, meaning it’s a policy choice. In height or length terms, inflation is the equivalent of redefining the foot as six inches so that 5 feet is ...

By extension, there’s no such thing as importing more than exporting. There’s only balance. What creates the false impression of imbalance is great American companies.

At this practical level, there is no such thing as institutional “neutrality.” On the contrary, universities are up to their necks in the mire.