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If market-driven recapitalization is too slow, and closing failing institutions is impossible, a more extreme alternative is to inject public capital directly into the banks (rather than indirectly, as now, by propping up the value of the sovereign debt that they hold).

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Consultants will be biased to deliver easy-to-measure results because this is the simplest way to prove their value.

And let's face it, the contract from a major multinational brand to a supplier in India or China has much more persuasive value than the local labor law, the local environmental regulations, the local human rights standards.

And through this tapestry, which is the history of this country, the kids acquire what is probably the most important value in education, and that is the understanding that life is complex, and there's no black and white.

The whole thing has the structural value of corn.

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