March 25, 2017
AA report published by the University of Chicago’s Center for Ppractical Wwisdom declares that the Center for Practical Wisdom is “a complete waste of money.” After considering the University’s shrinking endowment, cost cutting, layoffs, and big-budget architecture, scholars at the center determined that their founding investment of 2 million dollars “would have been spent more wisely and more practically basicallyalmost anywhere else.”
Since its founding in June 2016, the Center for Practical Wwisdom has been tasked with asking deep, probing questions considered too concrete for the Pphilosophy department and too abstract for psychologists. Thethe Psychology departments. This first-of-its-kind institution works by identifying measurable examples of wisdom within an institution, and its latest report has concluded that the Center for Practical Wisdom is completelyentirely bereft of any.
“Paradoxically, the Center for Practical Wisdom is accomplishing its goal,” says director Patrick Howerbauche, “we wanted to scientifically isolate the factors that constitute institutional wisdom, and determining that this center was anything but wise and practical has been an important first step.”
“When you look at how much money was spent on setting up this program,” says head researcher Penelope Koenigson, “it’s pretty clear that we’re not getting much out of this other than prestige, and prestige doesn’t pay the bills.”
Other scholars at the Ccenter for Practical Wwisdom echoed Koenigson’s sentiments by suggesting that more money be directed towards “literally anything else.”