Last week, @yalenus announced that it would be taking in its final class of students. The college—one of the first liberal arts schools in Asia—is set to close its doors in four years. It marks the end of a bold experiment. (1/n)
I suspect most Singaporeans would be apathetic to this development. While Yale has an easily recognizable brand name, it is, after all, an elite institution, which by definition caters to a very limited few. (2/n)
The idea of the liberal arts is also alien to most Asians. Asian universities tend to focus most on science, technology, and other professional fields that are perceived to contribute most to economic output (and yield jobs for graduates). (3/n)
The college itself has also, in the past, featured in the news for having a class on dissent (led by local playwright @alfian77 ignominiously cancelled. Incidents like this led some to believe that the uni was a hotbed for dissident, far-left thinking. (4/n)
So while some may rue the loss of a fancy cobranded school—which raises the country’s profile in seeking to be a global educational hub—I believe that the average Singaporean would not regard Yale-NUS’s closure as a big deal. Que será, será. (5/n)
I think some of the resistance to a liberal arts education as either useless or inherently left-leaning is misplaced. The liberal arts is as much an approach to scholarly enquiry—premised on a multidisciplinary framework and critical thinking—as it is a curriculum. (6/n)
Undergraduate education at the University of Chicago—one of America’s premier conservative-leaning tertiary institutions—is centered on the liberal arts (albeit with a “Great Books” emphasis). Most liberal arts colleges do not exclusively teach modernist leftist ideas. (7/n)
The liberal arts mindset has also given rise to amazing innovators. Steve Jobs, famously, had a liberal arts rather than tech background, and the beauty of Apple’s products are a function of his sense of aesthetics and style. (8/n)
I believe it is impossible to wrest such creativity from rigid, technically-oriented training. In my view, the best ideas emerge from unplanned cross-fertilization of wildly different disciplines, forged through Socratic challenge/critique, rather than forced cohabitation. (9/n)
Some will point to the formation of the interdisciplinary College of Humanities and Sciences as an upgraded replacement. A “new college” will also absorb the erstwhile University Scholars Programme (an “honors track” deal), but it’s unclear if these are the same thing. (10/n)
Anyhow, this argument—that it is possible to successfully engineer genuine interdisciplinarity—is itself premised on a top-down mindset. The liberal arts did not emerge by forced design. It evolved from Greek and Latin philosophies of dialog and debate. (11/n)
Incidentally, humanism was also pervasive in the Chinese philosophical tradition (during the Hundred Schools period), before it became excessively dominated by Confucianism. And Indian philosophy has long birthed diverse intellectual thought, through robust argumentation. (12/n)
Small liberal arts colleges (disclosure: I taught in one for a year) can be amazing crucibles for fostering a love for learning. The flat structure and small interactive classes—similar to the British tutorial system, still in practice at Oxbridge—isn’t easily replicable. (13/n)
Of course, as an educator and Singaporean, I very much wish for the new endeavor to succeed. But if I had my druthers, I would have rather seen the two institutions side-by-side. That’s how competition in ideas gets refined and enriched. (14/n)
So the bottom line is that I find the loss of Yale-NUS regrettable, not only because it represented a tiny beacon of diversity locally, but also because we now have one less avenue for informed debate (not to mention the poor students having their alma mater wiped out). (15/n)
Given my inherent interest (and the import of this for local higher ed), I will be posing a number of questions in the upcoming sitting of Parliament on the matter. Hopefully we will gain more insight on the decisionmaking process behind the closure. #makingyourvotecount (n/n)
Postscript: after submitting these questions, I had to modify the specific language of some to comply with the standing orders that PQs not pose hypotheticals. But the spirit of the questions remain unaltered.
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Every year, I teach a course in international economics. In the first lecture of the course, I teach what is known as the Ricardian model: named after the 18th century economist, David Ricardo. (1/n)
The key insight then—as it is today—is that free trade between two countries allows each one to specialize according to what they can do relatively well. This is known as comparative advantage. (2/n)
In doing so, these economies can enjoy levels of consumption greater than if they chose instead to go it alone, and attempt to produce everything at home. This elegant, compelling argument underlies why economists generally favor free trade. (3/n)
The term “debate” often evokes images of raucous speeches and lively verbal jousting. Alas, parliamentary debates (in this country at least) are often heavily structured, guarded affairs. (1/n)
For instance, to make a point, one has to be recognized by the Speaker. This preserves order and decorum, but it comes at the cost of stifling dynamic riposte, especially for a heated topic. (2/n)
Time constraints exacerbate the problem (Parliament has more issues to discuss than time allows). This was the case yesterday, when a few #workersparty MPs (myself included) were unable to raise supplementary questions before the end of question time. (3/n)
For many Singaporean parents, one of the more stressful events is placing their child in a preferred primary school. What that preference is differs. For some, it is the alma mater; for others, a school offering certain academic options; for yet others, one near their home. (1/n)
It strikes me that securing a place close to home is a reasonably modest expectation. This is not guaranteed if the school is especially popular, of course (and parents understand that); but getting into a walking-distance neighborhood school seems eminently fair. (2/n)
Alas, in certain neighborhoods—especially #Anchorvale in #SengkangGRC, where I serve—the preponderance of families with young children has meant that many residents have been unable to place their kids in schools close to home. (3/n)
Corporate governance is one of the less-sexy topics within corporate finance and asset management. After all, everyone wants to know about firms’ profitability metrics, new product lines, and growth plans. (1/n)
In contrast, issues such shareholder rights, board independence, and compensation schemes evoke yawns among all but the most nerdy analysts and researchers. What does “governance” really mean for a private corporation anyway? (2/n)
These matters appear to be best left to insiders, who may know best for how to run the business. But such matters are actually enormously important. There is a sizable literature that links strong corporate governance metrics to outsized returns. (3/n)
The government recently announced plans to form a nonprofit entity to take over the media businesses of Singapore Press Holdings. Many observers have offered their thoughts on the merits of this arrangement (including my #workersparty colleagues). (1/n)
I thought it would be interesting to examine the economics of the local media industry in a little more detail. While it’s not possible to cover all relevant aspects, a few issues did jump out at me. (2/n)
The Straits Times and its associated vernacular sister publications (Lianhe Zaobao, Berita Harían, etc) currently operate under the auspices of an effective monopoly conferred by the state; at the moment, only SPH has been permitted to operate as a newspaper company. (3/n)
I first arrived in the United States with around 10 grand in savings, a box of economics textbooks, and a baggage full of dreams. Unlike many PhD students, I did not initially receive any financial assistance. (1/n)
So the first few months were especially rough. I found the cheapest room I could, traveled by bike, and ate a lot of frozen dinners. But I bled through the savings quickly, mainly because of costly out-of-state tuition fees. (2/n)
But I was very lucky. The family I lived with was exceedingly generous. I ate two meals with them each day, for which I paid only a fraction of the cost. They would invite me to their family holidays. They were kind and wise and supportive. (3/n)