Folks are going to struggle processing the reasons for my anger. Let me explain:

A) There were & *are* such cabals: GUIRR, AAU, NAFSA, NSF, NAS, APLU, etc. They got going later than was discussed on this episode.

B) I’ve been ringing this bell since the ‘80s. This is way late. https://twitter.com/isegoria/status/1249795619662815232

So I agree that this 2020 podcast is saying this is appalling. But this is almost 40Yrs after this problem became visible and these voices were NOWHERE to be heard! When we said this in 1987 or 1992 we were vilified. So yes, this is better than most. But that bar is too damn low.

And lastly, I have been in multiple conversations where professors of economics and/or finance have *literally* laughed in my face explaining how great our system is for them at the expense of younger students using exactly these concepts like barriers to entry: The joke is real.