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"Universities evolve with markets," Professor Patry said.
In societies with markets, customers can go elsewhere.
With markets in turmoil, it may look even more so.
Economics liberals distrust fiddling with markets, however worthy the goal.
Part of it has to do with markets.
With markets volatile, typical American junk bonds are yielding more than 8 percent.
Buyers and sellers lost some of their close contact with markets.
But there is disenchantment with markets in Colombia, even though the country all but escaped recession.
Rising rents are a key factor, with markets in London and the south-east driving profits.
Those who advocate neoliberalism argue that the state is inherently inefficient when compared with markets.
But they have no reason to hurry with markets volatile and seemingly in limbo.
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