The Unz Review - Mobile
A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media
 Announcements
The Nation, The Economist, Twitter, and 200,000 Words of My Own
Email This Page to Someone

 Remember My Information



=>
Search Text Case Sensitive  Exact Words  Include Comments

Earlier this month, The Nation, America’s premier left-liberal opinion magazine, carried a long article about America’s elite colleges that opened by describing Harvard as “a hedge fund with a university attached”:

Universities Are Becoming Billion-Dollar Hedge Funds with Schools Attached
Astra Taylor, The Nation, March 8, 2016

Now where, I wonder, have I previously heard that particular description?

Paying Tuition to a Giant Hedge Fund
Harvard’s academic mission is dwarfed by its $30 billion endowment
Ron Unz, The American Conservative, December 4, 2012

Harvard as Hedge Fund: Harvard Replies
Ron Unz, The American Conservative, December 10, 2012

Our Elite Colleges Should Abolish Tuitio n
Schools like Harvard have become tax-exempt hedge funds with huge returns. Ending tuition would be a form of payback
Ron Unz, The New York Times, March 30, 2015

With Harvard University about to mail out Overseer ballots to its 320,000 alumni, this article certainly constitutes a helpful form of free advertising for our Free Harvard/Fair Harvard slate of candidates. We argue that gigantic hedge funds should not collect tuition and that Harvard should henceforth begin providing a free education for its many thousands of undergraduate students, a decision that would surely be immediately followed by Yale, Princeton, Stanford, and various other wealthy and elite colleges.

Meanwhile, somewhat similar notions, expressed from a considerably different point on the ideological compass, have now also appeared elsewhere. The Economist, of venerable 19th century origins, probably edges out The Wall Street Journal as the world’s most prestigious and influential center-right publication, and just this last week it ran a major article discussing our free tuition at Harvard campaign, and treating our ideas with considerable sympathy. When pragmatically conservative voices of highest reputability seem to find reasonable merit in what at first glance might seem a wild-eyed Bernie Sandersesque proposal, perhaps all those tens of thousands of Harvard-educated lawyers and MBAs will read our Overseer ballot statements with an open mind.

 

But ideas and opinions only have impact if they are widely disseminated, and after many years of largely avoiding the Social Media that now dominate the Internet, I have at long last established a Twitter account. Those interested in receiving my sometimes provocative or controversial opinions may now follow me at https://twitter.com/RonUnz1, with my maiden Tweet probably going out later today. The primary factor persuading me to overcome my notorious stodginess in new software adoption was my very recent—and completely last-minute—decision to enter the U.S. Senate race in California.

This unexpected development was, in turn, prompted by the wholehearted support of the Republicans in the California Legislature for the repeal of my 1998 Prop. 227 “English for the Children” initiative and the reestablishment of the disastrous and nearly-forgotten system of Spanish-almost-only “bilingual education” in our public schools. This latest Republican idiocy had inspired my previous column entitled “Is the Republican Party Just Too Stupid to Survive?”

As a certain wildly successful Reality TV star has demonstrated, American politics these days has often become a game of 140-character slogans and attacks, and if others play by these rules, I must utilize that same medium myself. But I expect my candidacy to be a highly unusual one in many respects.

One of the sad realities of today’s political world is that the vast majority of our candidates are collective entities, their position-papers and talking-points drafted by consultants and the focus-groups these employ, their words crafted by speech-writers, and their crucial political decisions often made or unmade under the dominant influence of the donors who fund their campaigns. The individual whose name appears on the ballot is often merely an empty-headed front-man, operated by these hidden puppet-masters. The massive, open corruption of this process has tremendously outraged voters, thereby opening the door to the rise of the Lord of Trump Tower and also the Democratic Socialist from Vermont, whose positions may be controversial or incorrect, but at least seem somewhat genuine and honest. Such personal authenticity seems a very useful commodity in this particular election year.

To this end, I have spent the last week or so producing my new simple but utilitarian Senate Campaign Website, and loading it with 200,000 words of my old articles, stretching back over more than two decades. My views on all sorts of issues may be controversial or incorrect, but at least they are my own, and any voters who support putting me into the U.S. Senate can easily obtain a very good idea of what sort of things they might expect if I manage to get there.

To help ensure that my campaign remains relatively free from the temptations of donor-induced corruption, I will not accept any contribution over $99, which is also a sum small enough for donors to easily afford losing when they contribute to a Republican running in an overwhelmingly Democratic state such as California. If you agree with me more than you disagree with me and like it when I begin saying in public the “politically incorrect” things that virtually no politicians ever do, then just make your $99 payment, enjoy the vicarious thrill of a bit of ideological entertainment value, and don’t be too surprised if a Democrat does ultimately win in November, as almost always happens in post-Pete Wilson California.

As for my actual views, well there’s 200,000 words of previously published material you can begin reading on my website whenever you like.

And since the now long-forgotten “English in the Schools” issue will probably become so central to my campaign, I’ve also uploaded another 200,000 words or so of scanned newspaper articles from the era of the “English Wars” of the late 1990s so that individuals can uncover the depths of the ignorance and stupidity exhibited by the current Republican politicians in Sacramento.

 
• Category: Ideology, Race/Ethnicity 
    []
  1. Anonymous says: • Disclaimer

    Best of luck to you, Ron. Thanks for your efforts on hosting the site too.

    When the media comes at you with the predictable ‘racistsupremacistnazikkkprivilege’ bullying, will you run and hide like the “Respectable Conservatives”?

    Or will you counter and show that Antiracist is code for Antiwhite, and Diversity just means chasing down the last white person?

    I’m sure you know that’s coming. It’s been Trump’s biggest weakness. There are people who’ve fleshed out these counter arguments and prepared for every rebuttal, namely Bob Whitaker’s BUGS group, in case you’re interested. Whitaker is a former speechwriter under Reagan, and calls for violence or crudeness are not accepted.

    Again, good luck. I’ve told my small social circle about your site and your campaign.

    Read More
    ReplyAgree/Disagree/Etc.
    AgreeDisagreeLOLTroll
    These buttons register your public Agreement, Disagreement, Troll, or LOL with the selected comment. They are ONLY available to recent, frequent commenters who have saved their Name+Email using the 'Remember My Information' checkbox, and may also ONLY be used once per hour.
    Sharing Comment via Twitter
    /announcement/the-nation-the-economist-twitter-and-200000-words-of-my-articles/#comment-1372470
    More... This Commenter Display All Comments
  2. fenster says:

    Sorry I still don’t get it, the free tuition thing. I mean, I kind of get it from a narrow POV–that if you are filthy rich give up the ghost already. And maybe there’s a tinge of perverse Ivy pride in the organized movement to actually take action–i.e., maybe Ron and his Harvard-based team are still fixated on Harvard as the center of the world in some way, such that causing this change at Harvard will change the world too. I am not persuaded.

    Is Harvard a hedge fund with a university out front? Yes. Could Harvard find a way to end tuition just from its unrestricted endowment or quasi-endowment. Probably, since it is so damn rich–though in fairness it is to be pointed out that if its spending rule is more or less reasonable all of the spendable income currently finds a home elsewhere, with the result that a major shift in expenditure patterns would be of consequence, and probably not easy.

    You can argue I suppose that an expansion of tuition discount to 100% for all is a better expenditure than whatever else the money is currently being spent on. Maybe. True that a lot of higher ed spending is not mission critical, especially at places where the money is coming in over the transoms. But where is the argument that free tuition is–must be–a higher and better use of the (large) marginal dollars? That argument does not seem to me to have been made persuasively. The argument feels more like a punitive one–the kids finally getting even with the old man.

    When you run the federal government’s net cost numbers, available in an online database, you find a strange phenomenon. Scrolling up from the bottom, from least expensive to most expensive schools in net price terms, you first encounter what you would expect: a passel of odd entities–little bible colleges, seminaries and the odd school committed to zero tuition. What is the first school of any consequence you come to in this cheap-to-expensive exercise? Harvard. Followed not long after by its brethren like Yale and Princeton (NYU, endowment-poor, comes out near the top of the list by contrast).

    So the Ivies are already the cheapest “real” colleges in the country on a net basis–cheaper than Fordham, or Goucher or the University of Rhode Island. What is the actual benefit in terms of whatever metric you choose (equity, policy, educational attainment) of making it free for all? The most likely effect would be that the talented people from upper middle class families that now go on a paying basis would be relieved of the obligation to pay. The straight A student who is smart enough (or lucky enough, or connected enough) gets a windfall. His classmate with a nearly identical academic record but with less luck or without alumni parents pays through the nose at NYU. This is no way to run an education system.

    So maybe this dust-up is not about equity at Harvard–I don’t think this measure would result in that—but could or should be about something else: pointing out that Harvard’s wealth creates educational contradictions that are difficult to solve given the way our higher education system is structured. Shining a light on inequities is perhaps a better argument for shining a light on Harvard. It is worth debating what Harvard–or the nation–does with the wealth set aside ostensibly for education.

    I don’t think that is an easy argument. I am not sure where I would come down on it, since I see the various costs and benefits of the approach we have taken: schools compete for students, prestige and donations and let the chips fall where they may. We think of schools as having a public mission and delivering public goods–but at the same time we respect private property (including that of donors and the university itself) and private goods are on ample display.

    That at least is a real discussion.

    The question of whether Harvard should reform itself in the manner recommended may interest Harvard folks. It does not really interest me all that much.

    I do think the bilingual education thing is a big deal.

    Read More
  3. Rehmat says:

    “The Nation, America’s premier left-liberal opinion magazine” – YES, only if it’s not mentioning the Israel-Palestine conflict.

    Hillel, a leading pro-Israel international Jewish campus advocacy group’s 2009 data indicated that Jewish students at Harvard, Brown, Columbia and Penn made up 25 percent of respective undergraduate populations, and at Yale and Cornell, the number was 22 percent. The lowest Jewish enrolment was found at Princeton (13%) and Dartmouth (11 %). Rabbi Julie Roth, the executive director of the Center for Jewish Life (CJL) has been leading a campaign to see the percentage jump to 20% at Princeton and Dartmouth.

    The Toronto-born Islamophobe writer, author and former speechwriter for Dubya Bush, David Frum, admitted in an article published in pro-Israel magazine ‘The Beast’ on February 13, 2013 that Jewish students are overrepresented in the Ivy League institutions.

    On May 3, 2013, The Bilzerian Report, said: “Contrary to popular opinion, the most important criteria for admission to the Ivy League is not grades, nor SAT, nor recommendations, or even essays. The most important criteria is actually race/religion. By claiming to be Jewish, an applicant can increase his chances of admission by up to 15 fold“.

    https://rehmat1.com/2013/05/05/how-jewish-is-the-ivy-league/

    Read More
    • Replies: @Jim Christian
    Islamophobe. Love that term. Homophobe is another. Homos and Islam go together. I'd bet the highest number of homosexuals are to be found in Islam. Small wonder Islam is so self-hating and hateful to everyone else.
  4. 1) I don’t care what language invasive Mexicans speak. Just so they speak it in Mexico

    2) Harvard’s endowment is irrelevant. If the service this institution provides has a market value, let it be charged. And evidently – judging from the predominance of Harvard alumni in the higher echelons of the Z.O.G. – it has considerable value

    3) nonetheless, I support Unz’ Senate campaign…and will contribute accordingly. Imagine having a U.S. Senator who is not a complete idiot…or a lawyer. If he can get the Republican line 0n the ballot, Unz’ chances against the lackluster Black lawyer Kamala Harris will be excellent

    Read More
    • Replies: @Marcus
    Same here, though I disagree with many of his stances, I would definitely vote for Mr Unz if I lived in CA; we can't be dogmatists at this point.
  5. Marcus says:
    @Haxo Angmark
    1) I don't care what language invasive Mexicans speak. Just so they speak it in Mexico

    2) Harvard's endowment is irrelevant. If the service this institution provides has a market value, let it be charged. And evidently - judging from the predominance of Harvard alumni in the higher echelons of the Z.O.G. - it has considerable value

    3) nonetheless, I support Unz' Senate campaign...and will contribute accordingly. Imagine having a U.S. Senator who is not a complete idiot...or a lawyer. If he can get the Republican line 0n the ballot, Unz' chances against the lackluster Black lawyer Kamala Harris will be excellent

    Same here, though I disagree with many of his stances, I would definitely vote for Mr Unz if I lived in CA; we can’t be dogmatists at this point.

    Read More
  6. Sam says:

    Best of luck to you Unz. If I were an American I would easily donate for this good cause but instead I will offer some unsolicited advice and I hope others here will do the same:

    1.Please use your network here on the site.
    -I’m sure Steve Sailer can and will be willing to help with some insights on California.
    -By the same token if you’re going to use twitter effectively you can easily build up your followers by exploiting this website. Include a link to your twitter and accompanying message on each article for the duration of the campaign. Obviously, this should also be included in your weekly Unz newsletter for this site.
    - Ask your bloggers to occasionally write on your campaign or you main campaign issue(s) for this site and at the least once on some other site if they have such an outlet. By the same token use this network to get on radio shows,podcast,etc.
    -Harness the creative ideas from your Unz readers, twitter followers. You might be able to twitter bomb your way into media consciousness. Ron Paul’s best stuff came from his supporters in 2008 and not from his sterile and bureaucratic campaign team(see the documentary)

    2.Ask Gary North for campaign advice!
    I have little doubt that he can provide something useful because he is probably the best single marketeer in this movement who also understands politics very well. Tom Woods knows him well so contact through him.

    3.Save any contact information you get through this campaign.
    This is crucial in case you don’t win and you want to continue the fight and keep a movement going. There are other ways to achieve the political goals you want. Call it the Richard Viguerie way(Goldwater-> direct mail ->Reagan victory 1980)

    Read More
  7. I’ll certainly contribute to Ron’s campaign. The Unz Review is simply remarkable. I don’t understand how it’s not attacked more. Also, Ron seems perfectly fine with the never-ending discussions about Jewish influence in the United States in the comments.

    An interesting fellow. Currently, my “who would you want to have dinner with” list goes:

    1. Ron Unz (formerly #2)
    2. Steve Sailer (formerly #1)
    3. The Derb

    Of course, the long-time winner of who I’d like to have a beer with goes to Fred Reed, the high-IQ curmudgeon. (Perhaps he can explain to me why we’re still not seeing all of those really smart mestizos that he keeps talking about. Just kidding, Fred. Just trying to get your goat.)

    Read More
    • Replies: @gruff

    The Unz Review is simply remarkable. I don’t understand how it’s not attacked more.
     
    We're in the salad days.
  8. Anonymous says: • Disclaimer

    Quite a campaign platform, Ron. Illegal immigration? ISIS? Destruction of the middle class? Fuck that, you’re going to tackle the greatest problem facing America! #Free Harvard/Fair Harvard

    Read More
  9. @Rehmat
    "The Nation, America’s premier left-liberal opinion magazine" - YES, only if it's not mentioning the Israel-Palestine conflict.

    Hillel, a leading pro-Israel international Jewish campus advocacy group’s 2009 data indicated that Jewish students at Harvard, Brown, Columbia and Penn made up 25 percent of respective undergraduate populations, and at Yale and Cornell, the number was 22 percent. The lowest Jewish enrolment was found at Princeton (13%) and Dartmouth (11 %). Rabbi Julie Roth, the executive director of the Center for Jewish Life (CJL) has been leading a campaign to see the percentage jump to 20% at Princeton and Dartmouth.

    The Toronto-born Islamophobe writer, author and former speechwriter for Dubya Bush, David Frum, admitted in an article published in pro-Israel magazine 'The Beast' on February 13, 2013 that Jewish students are overrepresented in the Ivy League institutions.

    On May 3, 2013, The Bilzerian Report, said: “Contrary to popular opinion, the most important criteria for admission to the Ivy League is not grades, nor SAT, nor recommendations, or even essays. The most important criteria is actually race/religion. By claiming to be Jewish, an applicant can increase his chances of admission by up to 15 fold“.

    https://rehmat1.com/2013/05/05/how-jewish-is-the-ivy-league/

    Islamophobe. Love that term. Homophobe is another. Homos and Islam go together. I’d bet the highest number of homosexuals are to be found in Islam. Small wonder Islam is so self-hating and hateful to everyone else.

    Read More
    • Replies: @Rehmat
    I raise my skull-cap for your stupidity.

    In 2012, the RAINBOW survey claimed that 60% of gays and lesbians prefer to spend their holidays in Israel than any western country.

    Tel Aviv is the only city which proudly call itself PINK CITY.

    Canadian blogger Simon Jones wrote in 2006, 'The Jews and gay birds of the feather'.

    American Jewish professor and author of 17 books, Sarah Schulman in book, ‘Israel/Palestine and the Queer International’ claims that gay rights movement is mainly funded by Israel and the Jewish multi-billionaire George Soro.

    https://rehmat1.com/2013/08/09/schulman-gay-rights-movement-is-jewish/
  10. Rehmat says:
    @Jim Christian
    Islamophobe. Love that term. Homophobe is another. Homos and Islam go together. I'd bet the highest number of homosexuals are to be found in Islam. Small wonder Islam is so self-hating and hateful to everyone else.

    I raise my skull-cap for your stupidity.

    In 2012, the RAINBOW survey claimed that 60% of gays and lesbians prefer to spend their holidays in Israel than any western country.

    Tel Aviv is the only city which proudly call itself PINK CITY.

    Canadian blogger Simon Jones wrote in 2006, ‘The Jews and gay birds of the feather’.

    American Jewish professor and author of 17 books, Sarah Schulman in book, ‘Israel/Palestine and the Queer International’ claims that gay rights movement is mainly funded by Israel and the Jewish multi-billionaire George Soro.

    https://rehmat1.com/2013/08/09/schulman-gay-rights-movement-is-jewish/

    Read More
  11. Dave Pinsen says: • Website

    “Harvard hedge fund university attached” gets 1.7 million hits on Bing.

    It’s a good line, but I’m not sure Ron originated it.

    Read More
    • Replies: @Ron Unz

    “Harvard hedge fund university attached” gets 1.7 million hits on Bing.

    It’s a good line, but I’m not sure Ron originated it.
     
    That's a reasonable question. I think I probably did, but perhaps someone with greater expertise in Google or Bing can better investigate that.

    Google allows simple date restrictions, and there seems almost nothing prior to December 2012 when my original article ran. Beginning that month, there's a huge outpouring of references, including in MSM outlets, and many of them specifically citing my article, including CNBC and Business Insider, while prominent journalists at MSNBC, WashPost, and NYT Tweeted out my phrase plus a link to my article to their many hundreds of thousands of followers:

    http://www.unz.com/runz/harvard-as-hedge-fund-harvard-replies/

    Since that time, the phrase seems to have gotten into general circulation, with the original source mostly forgotten, although my piece in the NYT a year ago may have given it a bit of a boost.
  12. Ron Unz says:
    @Dave Pinsen
    "Harvard hedge fund university attached" gets 1.7 million hits on Bing.

    It's a good line, but I'm not sure Ron originated it.

    “Harvard hedge fund university attached” gets 1.7 million hits on Bing.

    It’s a good line, but I’m not sure Ron originated it.

    That’s a reasonable question. I think I probably did, but perhaps someone with greater expertise in Google or Bing can better investigate that.

    Google allows simple date restrictions, and there seems almost nothing prior to December 2012 when my original article ran. Beginning that month, there’s a huge outpouring of references, including in MSM outlets, and many of them specifically citing my article, including CNBC and Business Insider, while prominent journalists at MSNBC, WashPost, and NYT Tweeted out my phrase plus a link to my article to their many hundreds of thousands of followers:

    http://www.unz.com/runz/harvard-as-hedge-fund-harvard-replies/

    Since that time, the phrase seems to have gotten into general circulation, with the original source mostly forgotten, although my piece in the NYT a year ago may have given it a bit of a boost.

    Read More
    • Replies: @Fenster
    A director at the former Salomon Brothers referred to it once as a gambling casino (sales and trading) with a restaurant (brokerage) out front.
  13. JamesG says:

    I’ve had life-long contempt for The Nation.

    They published innumerable articles claiming Alger Hiss really was not a Soviet spy.

    They also published several claiming that the CIA had tricked that Korean airline into flying over the Soviet Union. You remember, the one shot down by the Soviets.

    Now their editor appears regularly on television and guest columns for WaPo.

    Has it really evolved into something reasonable?

    Read More
  14. Rehmat says:

    The three countries that had ‘tuition free’ education – Iraq and Libya were invaded and turned into Europe during it ‘Dark Age’, while Cuba is still trying to keep its head out of water for the last 50 years.

    In February 2016, American analyst Edward S. Herman claimed that Libya was destroyed by the US, UK, and other European leaders for Israel.

    “Israel is a major regional rival of Iran, and having succeeded in getting the United States to turn lesser rivals, Iraq and Libya, into failed states, it has been extremely anxious to get the United States to do the same to Iran. And Israel’s leaders have pulled out all the stops in getting its vast array of US politicians, pundits, intellectuals and lobbying groups to press for a U.S. military assault on Iran,” Herman said.

    https://rehmat1.com/2016/03/11/obama-and-europes-st-show-in-libya/

    Read More
  15. gruff says:
    @Citizen of a Silly Country
    I'll certainly contribute to Ron's campaign. The Unz Review is simply remarkable. I don't understand how it's not attacked more. Also, Ron seems perfectly fine with the never-ending discussions about Jewish influence in the United States in the comments.

    An interesting fellow. Currently, my "who would you want to have dinner with" list goes:

    1. Ron Unz (formerly #2)
    2. Steve Sailer (formerly #1)
    3. The Derb

    Of course, the long-time winner of who I'd like to have a beer with goes to Fred Reed, the high-IQ curmudgeon. (Perhaps he can explain to me why we're still not seeing all of those really smart mestizos that he keeps talking about. Just kidding, Fred. Just trying to get your goat.)

    The Unz Review is simply remarkable. I don’t understand how it’s not attacked more.

    We’re in the salad days.

    Read More
  16. Hey Ron, are you looking for volunteers to help your campaign?
    I would be more than happy to pitch in. Is there anywhere online where we can sign up if we’re interested in contributing toy your campaign?

    Read More
  17. Fenster says:
    @Ron Unz

    “Harvard hedge fund university attached” gets 1.7 million hits on Bing.

    It’s a good line, but I’m not sure Ron originated it.
     
    That's a reasonable question. I think I probably did, but perhaps someone with greater expertise in Google or Bing can better investigate that.

    Google allows simple date restrictions, and there seems almost nothing prior to December 2012 when my original article ran. Beginning that month, there's a huge outpouring of references, including in MSM outlets, and many of them specifically citing my article, including CNBC and Business Insider, while prominent journalists at MSNBC, WashPost, and NYT Tweeted out my phrase plus a link to my article to their many hundreds of thousands of followers:

    http://www.unz.com/runz/harvard-as-hedge-fund-harvard-replies/

    Since that time, the phrase seems to have gotten into general circulation, with the original source mostly forgotten, although my piece in the NYT a year ago may have given it a bit of a boost.

    A director at the former Salomon Brothers referred to it once as a gambling casino (sales and trading) with a restaurant (brokerage) out front.

    Read More
Current Commenter says:

Leave a Reply - Comments on articles more than two weeks old will be judged much more strictly on quality and tone


 Remember My InformationWhy?
 Email Replies to my Comment
Submitted comments become the property of The Unz Review and may be republished elsewhere at the sole discretion of the latter
Subscribe to This Comment Thread via RSS
Personal Classics
The major media overlooked Communist spies and Madoff’s fraud. What are they missing today?
Are elite university admissions based on meritocracy and diversity as claimed?
The unspoken statistical reality of urban crime over the last quarter century.
What Was John McCain's True Wartime Record in Vietnam?
What the facts tell us about a taboo subject
While other top brass played press agents for the administration’s war, William Odom told the truth about Iraq—though few listened.