Read in both Le Monde (Sept) and Nature (26 Sept) concerning articles about the poor financial state of many higher education institutions in the UK, if not the most prestigious ones… (Warwick being so far preserved from that issue, if not the neighbouring University of Coventry.) Up to 80% of French universities—prestigious and less prestigious alike—are also facing repeated deficits, for several years in a row, if mostly for different reasons besides the after-effects of COVID and the economical crisis amplified by the Russian invasion.
The main difference (between France and Britain—minus bonnie Scotland!) is in the UK government not providing direct support to higher education institutions, treating them as businesses that must make a profit on average to survive. To add insult to injury, the short-sighted Sunak Government has strongly reduced the number of foreign students (that they considered immigrants) when those are a key component of the universities business models since they pay much higher fees compared with the capped fees for UK nationals. Surprisingly (to me), the new Labour government does not intend to change either policy. The more surprising (to me) when the first institutions to fail will be (are?) those concentrating students from less privileged backgrounds. Quite paradoxical for a party with social ideals and socialist roots. Besides, repeated reductions of the attractivity of Britain for higher education may reach a no-return point in terms of its (World first-tier) scientific productivity.
France is financing its universities for 60% of their budget, while tuition fees in national universities (that do no include Paris Dauphine) are nominal for EU students (and special cases like PhD programs). Progressive cuts have led to tighter budgets, more deficit, with limited alternative sources of financing, since raising students fees is completely taboo. Added to academic positions being little attractive (for offering comparatively low salaries), this abides poorly for France keeping being part of top higher education countries. (It already figures very rarely in the country comparisons produced by Nature on an almost weekly basis.) The new higher education minister is known for pushing towards more “autonomy” (read less financing) of universities and the current State deficit may prove the tipping point for cutting further State support for public higher education institutions at large and fundamental research.
Archive for bankruptcy
banKrUpt, franc’route
Posted in Kids, pictures, Travel, University life with tags bankruptcy, Brexit, college ranking, Coventry, COVID-19, foreign students, French government, French politics, inflation, Labour, Le Monde, Nature, PhD course, Russian invasion, Scotland, Shanghai ranking, student fees, tuition fees, UK Government, UK politics, UK universities, Université Paris Dauphine, University of Coventry, University of Warwick on November 14, 2024 by xi'anthe flawed genius of William Playfair [book review]
Posted in Books, pictures, Statistics, University life with tags 1789, Abraham De Moivre, Adam Smith, bankruptcy, Birmingham, book reviews, capitalism, code breaking, counterfeit, Edinburgh, Edrward Gibbons, Elba, encryption, England, English politics, French Revolution, industrial revolution, Jacobin, Jonathan Strange & Mr Norrell, London, Malthus, Napoléon Bonaparte, Neufchâtel, Paris, Richard Price, Scotland, spy novels, statistical graphics, Thomas Bayes, University of Toronto, Whigs, WIlliam Pitt, William Playfair on March 26, 2024 by xi'an
David Bellhouse has written a new book on the history of statistics, focussing on William Playfair this time (following his fantastic book on Abraham de Moivre). The Flawed Genius of William Playfair (The Story of the Father of Statistical Graphics) got published a few months ago by the University of Toronto Press.
“[Playfair] was an ideas man whose ideas often did not come to fruition; or, when they did, they withered or exploded.” [p.121]
The impressions I retained from reading this detailed account of a perfect unknown (for me) are of a rather unpleasant, unappealing, unsuccessful, fame-seeking, inefficient, short-sighted, self-aggrandising, bigoted, dishonest, man, running from debtors for most of his life, with jail episodes for bankruptcy, while trying to make a living from all sorts of doomed enterprises, short-lived blackmailing attempts, and mediocre books that did not sell to many. Similar to David Bellhouse’s colleague earlier wondering at the appeal of exposing such a rogue character, I am left with this lingering interrogation after finishing the book…
“[Richard] Price liked what Playfair had written. He found [in 1786] Playfair to be “agreeable” and “useful”.” [p.64]
Not that I did not enjoy reading it!, as it gives a most interesting of the era between the 18th and the 19th Centuries, in particular in its detailed narration of the first months of the French Revolution of 1789, and of the impact of the Industrial Revolution on economics and politics as the birth of capitalism. The book abounds in crossing lots of historical characters, like Richard Price (Bayes’s friend who published his most famous paper), Adam Smith (whose book Playfair reprinted with poor additions), Edward Gibbons (whose book along with Smith’s inspired the title of his Inquiry Into the Permanent Causes of the Decline and Fall of Powerful and Wealthy Nations), Thomas Malthus (competing for an annotated edition of Smith’s book), not to mention the political class of Britain at the time. David Bellhouse’s book demonstrates academic and historical excellence, constantly being very detailed, with a wealth of references, documents, and definite support for or against the rumours that accompany the life and deeds of Playfair. (Frankly, rarely a name has been that inappropriate!) This includes for instance the pictures pointing out to his first (?) forged signature [p.140] and the evacuation of the myth of Playfair as a spy for the British Crown—which the Wikipedia page happily reproduces, pointing out the need for an in-depth revision of said page. Similarly, the book delivered a convincing discussion of arguments for and mostly against Playfair “being the key player in the British operation to forge [French] assignats” towards destroying its economy. A lot of the book is touching upon the then novel issue of paper money, which Playfair only and negatively considered through his own (and catastrophic) experiences. At times, the book is almost too scholarly as it makes reading less fluid than was the case his Abraham de Moivre for instance. (And obviously less than in the contemporary Jonathan Strange & Mr. Norrel!) 
It may be that my very relative lack of enthusiasm stems from the realisation that the story of Playfair is overall rather little connected with statistical inference, if not with descriptive statistics (albeit with a complete disregard for the quality and sources of his data), as when publishing a Statistical Breviary on descriptive statistics for a series of countries (and surprisingly sold on Amazon!). Or Statistical Account of the United States of America. And of course for his innovative graphical representations like the one represented on the cover of the book or the pie chart. I feel that the book is much more engaged in Playfair’s contributions to the then nascent science of economics, as for instant about the shallow and mostly misguided views of his’ on banking and running the economy, while conducting his personal finance and investments so disastrously that it negatively advertised against confidence in such views.
On a very personal level, I noticed that some graphs were provided by my friend and statistics historian Stephen Stigler [who also wrote a review of the book] while an analysis of the poor French involved in a coding scam of Playfair about Napoléon’s escape from Elba was by Christian Genest (whom I first met at a statistics conference dinner on the Lac de Neufchâtel in 1986).
[Disclaimer about potential self-plagiarism: this post or an edited version will eventually appear in my Books Review section in CHANCE. As appropriate for a book about Chance!]
