Jeff Sandefur is an entrepreneur and a Socratic teacher, which is a teacher who tends to ask questions rather than provide answers. He began his first business at the age of 16, then trained as an engineer, and then went on to graduate from the Harvard Business School. He has started and run many successful businesses, the most recent of which is Sandfur Capital Partners, an oil and gas investment firm with several billion dollars in assets. He s also started multiple academic programs and schools, such as the Acton School of Business, whose students were named the most competitive MBAs in the nation by the Princeton Review, and extended this work over the last 15 years into the K-12 realm, kindergarten through grade 12, with The Acton Academy, a cutting-edge program that blends the one-room schoolhouse, the Socratic method, and 21st century technology to aid each student in changing the world, themselves, and the world around them. In this episode, Jeff and I discuss his early experiences in early adulthood, and how they shaped his views on education and how we should approach it in the 21st-century world. Let s get to the bottom of it! Dr. Jordan B. Peterson has created a new series that could be a lifeline for those battling depression and anxiety. We know how isolating and overwhelming these conditions can be, and we wanted to take a moment to reach out to those listening who may be struggling. With decades of experience helping patients, Dr. Peterson offers a unique understanding of why you might be feeling this way, and a unique approach towards healing. Let s take the first step towards the brighter future you deserve. - Dr. B. P.B. Peterson. Go to Dailywire Plus now and start watching the new series on Depression and Anxiety: A Path to Feeling Better. by Dr. J.P. Peterson on the Daily Wire Plus now! Go to J.R. Peterson's website and start getting the daily dose of information you need to help you on the path to feeling better. The Daily Wire is a podcast that can help you feel better, not just better, but more confident, happier, more fulfilled, and more fulfilled and a little less stressed out than you ve ever been in the past. J. RATE 5 stars on Apple Podcasts - Rate, review, review and subscribe to the podcast so you can be sure you re getting the most of what you re listening to in the future.
00:00:00.960Hey everyone, real quick before you skip, I want to talk to you about something serious and important.
00:00:06.480Dr. Jordan Peterson has created a new series that could be a lifeline for those battling depression and anxiety.
00:00:12.740We know how isolating and overwhelming these conditions can be, and we wanted to take a moment to reach out to those listening who may be struggling.
00:00:20.100With decades of experience helping patients, Dr. Peterson offers a unique understanding of why you might be feeling this way in his new series.
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00:00:57.420Hello everyone. I'm pleased today to be speaking with Jeff Sandefur, who's someone I've known for a number of years and worked together on a variety of projects.
00:01:17.720We're going to talk today about childhood education and about his background, depending on which platform you're viewing.
00:01:24.200Jeff is an entrepreneur and a Socratic teacher, which is a teacher, by the way, who tends to ask questions rather than provide answers.
00:01:34.000He began his first business at the age of 16, then trained as an engineer, and then went on to graduate from the Harvard Business School.
00:01:42.120He has started and run many successful businesses, the most recent of which is Sandefur Capital Partners, an oil and gas investment firm with several billion dollars in assets.
00:01:54.700He's also started multiple academic programs and schools, going to concentrate on that today, such as the Acton School of Business,
00:02:03.220whose students were named the most competitive MBAs in the nation by the Princeton Review.
00:02:10.220He's extended this work over the last 15 years into the K-12 realm, kindergarten through grade 12, with the Acton Academy,
00:02:19.800a cutting-edge program that blends the one-room schoolhouse, the Socratic method, and 21st century technology
00:02:26.800to aid each student in changing the world, themselves and the world.
00:02:34.040So, Jeff, we get a chance to sit down and talk today and to share that with a very large number of people.
00:02:40.840So, Jeff and I were talking before this podcast about what we wanted to talk about,
00:02:47.020and last night we thought about construing this in terms of educational reform,
00:02:52.820but really the proper way to set this conversation up is to talk about education,
00:02:58.900not so much reform, but education per se.
00:03:01.340And so, let's start a little bit by talking about your background, though,
00:03:05.520and we might as well go back to, I guess, your early experiences in early adulthood,
00:03:12.080and let's lay that out, and then we can place in the educational discussion as appropriate.
00:03:20.100Sure, and I think, as you say today, that I'm here more as a father and a husband
00:03:26.820than an educator or even a Socratic teacher, but I really started life as an entrepreneur.
00:08:17.700Now, using the Socratic method as well, as you pointed out, you're going to be asking people questions and getting them to inquire after definitions.
00:08:27.960And then you said this is very strategically oriented, so it has to produce a binary outcome, a decision-related outcome.
00:08:35.420In psychotherapeutic practice, one of the things you learn very rapidly, pretty much all therapists of any school of repute who are well-trained know this, is that you can't really give people advice about what to do.
00:08:51.940You have to ask them to delineate out the problem.
00:08:55.100You have to ask them to lay out what they might see as a solution, and you can interrogate that and then encourage them to step through all the intermediary steps towards the solution.
00:09:08.760And I think the reason that works is that unless people walk through all of that, if they're just delivered the prepackaged solution, they actually have, A, no idea how to implement it, but also no real motivation to implement it.
00:09:31.440Eventually, you're going to go out and do these things yourself.
00:09:34.160And I think I was a straight-A student and, you know, a good student when I was younger, but it was all about learning to know.
00:09:41.140And so this method is more about learning to learn what are the routines and the recipes that we go through,
00:09:47.980learning to do something that requires courage, and then that leads to learning to be who you're going to become.
00:09:54.160Yeah, well, it seems to me like it's something like an analysis, not so much of what the facts tell you the next step should be,
00:10:02.980because you never really get to that point.
00:10:04.540It's more like a delineation of the principles by which you're going to operate and an exploration of what principles you're willing to put faith in.
00:10:14.500And I would say the reason I would use the language of faith is because you have to leap into the unknown.
00:10:28.340And so where were you doing the case studies?
00:10:30.360Well, so I learned the method at the Harvard Business School, and then I took that in my own exploration of trying to figure out what to do with my own life,
00:10:38.560and at age 28 was teaching a room full of 28-year-old graduate students at the University of Texas.
00:10:45.000And so that was—and, you know, as you said, what you're doing if you do 100 cases, you're seeing pattern after pattern after pattern,
00:10:52.300much like the stories you might see in the Bible.
00:10:54.700And you're learning through these patterns and to have the courage to then go do it yourself, as you point out, in the face of uncertainty.
00:11:02.100Yeah, well, you know, you're doing something that brought up two ideas for me.
00:11:06.400One is, well, you're exposing yourself to a number of—a diverse number of cases, right?
00:12:21.480Because I was fascinated with asking questions.
00:12:23.680And, you know, the difference from a judicial setting and the way we practice the case method is, in the judicial setting, eventually a jury or a judge is going to decide what's right.
00:12:33.540In our setting, it's the actor themselves playing out the act.
00:14:32.600It is definitely the case that the only genuine pathway to exploration is something like the pursuit of the questions that honestly plague you.
00:14:43.800And so, you know, and there's a destiny in that, too, that's extremely interesting because a different set of problems plagues each individual.
00:15:04.180Because if you pursue those doubts, first of all, they're stopping you because they're doubts.
00:15:08.240If you pursue them and you rectify them, then you're going to find a pathway forward, but you can't do that without honest questioning.
00:15:15.600Well, and to foreshadow what will happen later, you know, this set up everything that my wife, Laura, who really gets credit for the schools we've built, but it sets up everything.
00:17:56.740Every time you connect to an unsecured network in a cafe, hotel, or airport, you're essentially broadcasting your personal information to anyone with a technical know-how to intercept it.
00:18:06.060And let's be clear, it doesn't take a genius hacker to do this.
00:18:09.260With some off-the-shelf hardware, even a tech-savvy teenager could potentially access your passwords, bank logins, and credit card details.
00:18:16.640Now, you might think, what's the big deal?
00:19:29.660And it means something like admission of ignorance.
00:19:33.080But what's so useful about that and why it's a virtue and why it's something very useful to practice is that if you do admit to your ignorance, which is to note what you don't know and to dare ask it, then you immediately rectify.
00:19:46.580I told my daughter, for example, very straightforwardly, you only have to ask a stupid question once if you listen to the answer.
00:19:56.140Right, so she's been in many situations where, you know, she was in over her head like, well, like we all are very often.
00:20:24.780Well, you know, I think this was a great lesson of, like a lot I've learned about parenthood and about having this same approach with your children.
00:20:34.460I mean, you know, this, and I've seen you with Julian up close of, you know, being genuinely interested, but offering choices and listening and caring as a parent.
00:20:42.900And so, you know, I didn't have children at this point, but I have a room full of 28-year-olds that are bright and we can explore life together and entrepreneurship and how you make money and what it means if you make money.
00:20:53.560And that ended up being, I spent quite a time at the University of Texas.
00:20:59.000We built up the entrepreneurship program.
00:21:53.220Well, we, for the, there were 141 professors, and our group of eight were teaching 25% of all the elective hours in the school as adjuncts.
00:22:25.980And what was the rationale for the firing slash quitting?
00:22:30.340Probably that I was too disagreeable, which was fair.
00:22:37.060But I will say I got a call from inside the school from someone, and he said, look, a tenured professor, and he said, look, I have to tell you, they're going to fire half of you this summer and the other half at Christmas.
00:22:49.540Because, and we were at that point, and we were attracting more than half of all the students to the school and teaching a quarter of them.
00:22:56.000And they said they just, you know, the tenured political faculty just doesn't want you here.
00:23:03.980So we decided we were going to teach one last class off campus, across the street from the campus.
00:23:09.380And 130 people showed up for no credit.
00:25:20.940And so accreditation was set up so that—well, so that in principle, so that there was some, what would you say, consistency, reliability, and validity to the assignation of a degree.
00:25:44.420And by then, I've got these two children, Charlie and Sam, and they're about to leave from Montessori to get ready to go to elementary school.
00:25:52.560So I go to see the very best teacher in the very best middle school in Austin that's teaching our daughter, who's older.
00:26:00.720And I said, when should we move the boys into regular school?
00:29:41.780And so, you have to give the devil his due.
00:29:44.880But in a somewhat post-industrial world, which is what we're in now, it's not obvious at all that obedient worker slash soldier is the right model for human development.
00:29:57.340So now you have kids and you've been—
00:29:58.680Yeah, so really not knowing any of that, which I would find out later, we just wanted something different for our children.
00:30:04.900So we started out with a blank sheet of paper, this is all about the time Khan Academy and some great new things on the internet are bubbling, with the Socratic method, and said, what would we design for our children?
00:30:19.040Yeah, and my wife gets to be careful, just like Tammy's special, Laura is the one that did all of this, and I kind of come into the picture later.
00:30:26.320But she's, I mean, I'm helping from behind the scenes, but she's really the person who's building this.
00:30:34.320Then where did you get the other kids?
00:30:37.280By talking to everybody in town and seeing who would be crazy enough to join us.
00:30:41.920Now, by that point, the Acton MBA, named after Lord Acton, power tends to corrupt, absolute power corrupts, absolutely.
00:30:48.900The Acton MBA is pretty well known in town, so the fact we start this thing called Acton Academy, it has a little bit of linkage in Austin to be something people might trust us with their children.
00:31:13.920It's all based on one mission we stayed true to from the start, that every child who enters our school is a genius who deserves to find a calling that will change the world.
00:31:45.520You know, when I was at Harvard lecturing there, one of my students, who you know, Daniel Higgins, we were working on formulation of theories of general cognitive ability and then personality predictors of success.
00:31:59.940At the same time, Howard Gardner was working at the Faculty of Education there, and he produced this theory of multiple intelligence.
00:32:09.620And it's a preposterous theory on psychometric and scientific grounds, partly because Gardner famously noted that he didn't really care about measurement.
00:32:28.420But, you know, having said that, again, you have to give the devil his due, is that cognitive ability does seem to have a unidimensional structure.
00:32:36.500There's sort of, there's one dimension of being smart or not being smart.
00:32:41.000And the smarter you are, the faster you can learn a complex job.
00:32:45.400And so for complex jobs, that's very useful.
00:32:47.580But the idea that there are multiple talents, that's a fine idea.
00:32:52.940You know, and you see that reflected more in temperament, is that open people are creative and agreeable.
00:32:57.480People like to take care of people, and disagreeable people are competitive and tough, and conscientious people are hardworking and dutiful, and extroverted people like socializing.
00:33:08.440And so the idea that each person is composed of a composite of traits, and that that composite is unique, and that out of that unique composite, something unique and valuable can emerge, that seems extraordinarily probable.
00:33:23.680Well, and I'd say the biggest finding we've had has been that children are capable of far more than you've ever imagined.
00:33:30.360Children will play down to an institutionalized system.
00:33:32.860But if freed, along with structure and responsibility and systems they will build, are capable of incredible things.
00:33:41.320You know, in the Michaela School, which takes a very different approach to you, in the UK, it's an inner city school.
00:33:49.700And there's a wide range of general cognitive ability as a consequence.
00:33:53.660So you can imagine in a typical class of 30 kids, there would be kids with an IQ of 90 on the low end, likely up to maybe 85 on the low end, and then maybe up to 130 on the high end, right?
00:34:08.100But they're teaching at a very high rate, and 75% of their graduates get accepted to Russell Group universities in the UK.
00:34:18.220And Russell Group includes the big UK universities.
00:34:21.520So they've managed to set up a system where, regardless of that immense variability in innate intelligence, let's say, there's tremendous emphasis on rapid learning.
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00:35:40.740Here's where we might differ a bit, or at least what we've discovered, and what we've discovered is, you know, IQ, no question, is the most important determiner of success or socioeconomic success, but it's still only, what, 25%, right?
00:36:01.660So what we've found is, regardless of IQ, if we can build a tribe where every person there believes that they have a calling to change the world, that there is a place in that tribe.
00:36:13.160Now, if my IQ is 100, I'm not going to be doing three-body orbital problems.
00:36:25.680So what we've found is there's very little variability in the ability to learn to do things.
00:36:32.740If you provide people with a compelling story and reason, if you provide them with a recipe, which is now you can find a recipe for anything on the internet, and if you provide them with some sort of rubric, so they can among themselves judge it, and you provide them with some gamification, some way to keep score that's fun, and builds a tribe.
00:36:54.620And if you can do that, and we do this in groups of 36, the tribe is so complex and interesting, it's all about the tribe.
00:37:02.960Once the tribe works, we get learning happening at a two to three times average rate, and most importantly, the academic subjects become unimportant.
00:37:14.360I mean, it happens at a rapid rate, but you're learning self-management, self-governance, and how to get along with people and build a culture.
00:37:22.020And you can have all the artificial intelligence you want.
00:37:27.740Okay, so now let's go back to when you started building this school and walk through it step by step, because I'd really like to understand more deeply how these schools operate.
00:37:36.880I know in the Michaela School that I referred to, it's very structured.
00:38:14.940So you could imagine that you could have a system where the basic rules of engagement are established by the authorities, but the game is actually playable.
00:38:24.340Or you could have a system where the game that's looser, which would be the system that you set up, where the demand for self-governance is placed in there to a large degree right at the beginning.
00:38:34.580And so this is very similar to a Tocquevillian society that develops from the bottom up.
00:38:40.180We are providing, though—they don't have to invent democracy or a democratic republic or a tyrannical government.
00:38:47.540We'll provide them with choices, so you don't have to invent everything from a blank sheet.
00:38:50.920But by experimenting, it's a very Hayekian from the bottom up series of experiments.
00:40:20.640And then, you know, you could also say, interestingly enough, on the adult side, the more you can turn your real-world occupation into a genuine child's game, the better you are at it.
00:40:32.060Well, and that's part of playing this is the realization if you're always saying, we believe you're a hero who's going to change the world, here's a story about Martin Luther King.
00:41:00.300But those consequences are largely meted out by eight-year-olds who are forming their society and learning to form their society.
00:41:07.760And I will tell you, in our high schoolers and our middle schoolers, 80% of them are better than anybody that graduated from my Harvard Business School class in culture.
00:41:50.060It's going to be an exhibition of learning.
00:41:52.220For example, if we're doing the medical biology quest, these young people will be diagnosing diseases of people coming in who have a stack of cards that are their disease.
00:42:01.880And the winner of the game most accurately diagnoses real diseases for real with real cost.
00:42:17.540See, there's an overlap between what you're doing in the Michaela School, because they're also extremely good at rewarding both progress and actual levels of attainment.
00:42:25.880And so the attainment here is, did most of your patients live at a low cost?
00:42:31.100And through that, you're going to learn to actually listen and diagnose diseases even for yourself.
00:42:35.960So badges or attainment, public exhibition, points or effort.
00:42:40.780Last piece, which is important, is 360 peer reviews.
00:42:44.800Every person's ask, is Dr. Peterson warm-hearted 1 to 10?
00:43:54.500Because you can't even get rewarded unless you know what the criteria are for success and failure.
00:43:58.940And so one of the ways that corporations have learned to deal with this that's actually quite effective is by doing these processes they call 360s.
00:44:07.500And in a 360, your subordinates rate you and give you feedback.
00:44:16.740And you can set that up so that it's not, so it's as unbiased with relationship to the hypothetically desirable outcomes as you can manage.
00:45:33.000They call back and the researcher says, we're actually going to name you the top elementary school in the United States of the ones we've studied.
00:45:41.420And this is the Christensen Institute, so it's a big deal at Harvard.
00:46:26.180So you're starting to franchise at that point.
00:46:27.800Well, actually, it was just like, here, friend, a parent moves out to California and she tells her husband, I'm not leaving if I can't take the school with me.
00:46:38.440I said, okay, let's start 10 of these and we can learn from each other.
00:46:42.540Now, are you still operating fundamentally at the preschool and early school?
00:46:45.840Well, we're now beginning to have a middle school.
00:46:49.160And that's where I step in and I end up running the middle school and the high school with 45 students.
00:46:57.440I do that because we've hired this traditional teacher who's won a lot of awards.
00:47:02.800And the week before we're going to start, he turns to me and says, you know, when these middle schoolers get out of line, you just jack them up against the lockers and tell them who's boss.
00:47:11.720And I went back and told Laura, I said, you're going to fire this guy.
00:49:07.340So, yeah, yeah, kids can vary substantially in the date at which they pick up language, at the date at which they formulate full sentences.
00:49:15.020I wish you would talk to some of our parents who are panicked that their child isn't, you know, it's like, if you'll just be patient, the child will come.
00:49:27.500So they're around all these peers who are helping them, and it's multi-age.
00:49:30.420So remember, you've got older and younger, and they're mixing around, and you can't really tell who's the smartest, because everyone's good at something.
00:49:37.160But the way we handle reading, and I've gotten criticism of this, is you can start with comic books or a magazine.
00:51:41.160If you've done it enough times that it's hard to see the incremental gain because you've kind of plateaued, let's compare it, critique it to a master.
00:51:47.740How is your short story compared to Hemingway?
00:59:04.800But what about the enabled psychopaths?
00:59:07.480Well, the whistleblowing is worth the psychopathy.
00:59:10.900It's like, yeah, it doesn't look like it.
00:59:12.640It's interesting because the group gets pretty good, even in an early age, at recognizing it.
00:59:16.220But the first time they see it, it's like when you said before about a dark triad or a dark quadrad, male can take advantage of a young female.
00:59:47.040Well, you see, with kids, so there's a pretty good literature on this.
00:59:52.500If you group two-year-olds together and watch them interact, about 4% of the males—it's almost none of the females—about 4% of the males at age two will kick, hit, bite, and steal.
01:00:09.060So it's not much different from—but most of those kids, despite their temperamental proclivity to be aggressive, are socialized by the age of 4.
01:00:41.060There isn't a lot of clinical evidence suggesting that if those traits are still in place at the age of 4, that they can be ameliorated at that point.
01:02:25.500And then, it might be delayed maturation, something like that, you know.
01:02:30.460But after that, they're not as big a threat.
01:02:32.640Yeah, yeah, they start being so incentivized.
01:02:36.220By the way, the thing we see over and over and over again, and I can't stress this enough, and I think it's my theory of why the United States works, is the 80-20 rule is one of the most powerful rules.
01:02:46.780And so, what you see is, if you believe every child's a genius, you find the child that's good at each of these different things, but they all have a place.
01:02:55.340Just like I can be a plumber or an airline pilot I can be.
01:02:58.240But you see that in these societies as they grow.
01:03:01.920So, the Pareto district, this 80-20 rule, this is 20% of your customers produce 80% of your sales.
01:03:09.48020% of the recording artists sell 80% of the records.
01:03:13.20020% of the authors sell 80% of the books.
01:03:16.360The actual rule is the square root of the number of people doing a particular task perform half the labor.
01:03:22.920And so, this drives inequality in every creative domain.
01:03:26.020But your point is, there's a diverse enough range of potential Pareto contributions, it doesn't matter.
01:03:32.260Like, you can be an off-the-chart plumber, and I can be an off-the-chart mathematician, and there's zero trouble with that.
01:03:38.440If we're only going to measure how quickly I can memorize things for a test I'll never use again, and it's basically IQ, then there's only going to be one winner of that, or one group of winners.
01:03:48.320In this case, there's all sorts of ways you can win, and it's so complicated you can't even keep track.
01:03:53.820But what you can keep track of are these stories that are repeated over and over and over again about heroes don't win.
01:04:01.300When they get knocked down, they get back up.
01:04:03.420And it becomes kind of a grit, a resilience, a, hey, it's a challenge.
01:04:09.340We talk about, I may have gotten this from you, like, what are the three monsters?
01:04:12.980The three monsters are resistance, distraction, and victimhood.
01:04:18.380It's like, if I can't, which one of those is standing in my way today?
01:04:21.800Resistance, I just need to take the first step, right?
01:04:25.140Yeah, and that might just be apprehension of sheer complexity, right?
01:28:47.920And so that'd be tyranny and slavery, let's say.
01:28:49.960And then there's a model of good governance that is the alternative to both of those.
01:28:55.020And it's something like distributed responsibility and something like this idea of nested games.
01:29:02.340So in the subsidiary organization, an individual has responsibility for himself, and then paired individuals have responsibility for their family.
01:29:11.300And then paired families have responsibility for the community.
01:29:14.900And then paired communities have responsibility for the state.
01:29:17.760And there's games going on at every level that are, well, they should be games that are guided by the spirit of the logos fundamentally.
01:29:25.800But it should be distributed at every single level.
01:29:28.620And that's the opposite of a totalitarian system.
01:29:31.020So instead, like in a totalitarian system, every single person lies about everything all the time.
01:29:36.620And in a well-governed system, the opposite of the lie isn't the truth.
01:29:41.000It's more like something like the humble approach to expanding knowledge.
01:29:46.760Right, it's an experiment or something I'm going to try.
01:29:48.640Yeah, it's a way of generating new knowledge.
01:29:50.360Well, so think about the individual, the squad, the 36 people in a cohort, and then the whole campus.
01:30:31.340They're both infinitely playable games, and they're infinitely expandable games.
01:30:37.360Well, and the question that keeps getting asked over and over again, so one of the other things they go do is they go do what are called stars and stepping stones interviews, where you'll find people you admire who are between, let's say you're in high school, your age and 25, 25 and 40, and then over the age of 60.
01:31:51.540It's not so much abiding by the appropriate rules.
01:31:54.140But while we keep offering these moral choices that allow you to kind of self-rank in different ways, it's not only aptitudes, it's also what's important in life.
01:32:02.320Because you've got to ask, what's success?
01:34:20.280Well, we'll make sure we put those links in the description.
01:34:22.420Now, we haven't talked at all about higher education.
01:34:25.700Maybe we should diverge into that momentarily.
01:34:28.480So, we could talk about my misadventures in reform under Governor Perry, Texas Governor Perry.
01:34:36.880I think I'll leave those for something more positive and just talk about what are we seeing from our super competent high schoolers who we call launch patterns because they're launching out in the world.
01:34:47.880And what we're seeing increasingly is a belief that many colleges are about prestige and what they're about is competence.
01:35:12.340If you're, you know, from, well, doesn't matter who you are, should you pay $400,000 from a no-name degree that won't get you a job from a place no one's ever heard of?
01:35:24.640So we're seeing that with all of these apprenticeships, our launch patterns are coming out and they can get into whatever competitive college their scores are high enough to get into.
01:35:56.380Now, I will say there is something to be said for college if you want to go to football games, paint your face, be in a tribe, and chase girls or guys.
01:36:24.440You establish a new group of peers and maybe you find a mate.
01:36:26.940And especially the last one, if that's your $200,000 investment and you have pooled around you eligible young people of a certain degree of, let's say, intellectual capability and discipline, somewhat selected, that's not such a bad deal.
01:36:44.360That's not exactly the fundamental purpose of an educational institution.
01:36:48.800But it's not trivial and it's not easy to replace.
01:37:09.980And I think my friends that are in higher ed and that are thoughtful have seen this coming.
01:37:16.620The other issue that higher ed faces is, as you well know, they make all their money on the freshmen and sophomores teaching them with adjuncts.
01:37:31.460But it's the internet that's threatening, it's all the, you know, it's all the, the distance learning is threatening the freshmen and sophomore group.
01:37:38.480But if they lose enough of that group or have to discount, then the whole model turns upside down and higher ed has no way to cut costs.
01:38:06.660So the number's somewhere north of 32,000 I last saw.
01:38:11.100And, you know, that ranges from 20,000 around the country to much more than that.
01:38:16.840And you were going to ask, I think you were saying cost at Acton Academy.
01:38:19.380You know, we've got some incredibly successful campuses that now are running at anywhere from $1,000 per student per year to maybe $2,500 per student per year.
01:38:33.340Now, we have some that have tuition as high as $35,000 a year.
01:38:38.280But we're managing by the fact these young people are so super capable on their own, we're managing to create alternatives that deliver extraordinary, both academic and everything else.
01:38:49.040Right, so that's 5% of the cost, fundamentally.
01:38:52.080Well, and we should, let's delve into those numbers a little bit.
01:38:54.900I mean, a pretty decent teacher's salary is $60,000.
01:39:01.140So that means if, that means each two students could, in principle, hire a teacher just for them.
01:39:06.660Now, maybe you could double that if you had to include the cost of a building, because generally, the infrastructure costs in the typical organization are about equivalent to the staffing costs, if you need a rule of thumb.
01:39:18.820And so that means that, in principle, what the education system is spending now would allow each group of four students to hire a full-time teacher.
01:39:28.380And so this is not an efficient system, obviously.
01:39:30.960Well, and if you look at the head count, and this is true for all bureaucracies, by the way, not just public education, but it's about a five-to-one adult-to-learner-to-student ratio.
01:39:44.060Now, it's not five-to-one per teacher, but there's so many admin people.
01:40:01.760And that's so interesting, too, because one of the claims that's constantly put forward by teachers' unions, in particular, is that, well, the only thing that really matters in education is teacher-to-student ratio.
01:40:12.900There should be more, like, there shouldn't be more than 10 students per teacher.
01:40:16.340And you can understand that to some degree if you believe that teacher attention to a given student is a marker for academic movement forward.
01:40:27.480But your model is more the idea that, no, if the institution is well-constituted, then you produce maximal autonomy on the part of the participants, and while they pick up the work, they do the learning that goes along with picking up the work.
01:40:42.700Right, well, and the thing I say is fundamental is education is not the same as learning.
01:40:48.200Education is something you do to someone.
01:41:13.240I mean, I came from a—my wife's mother, Joanna, was one of the incredible teachers in Oklahoma City.
01:41:21.480In fact, a quick story that's worth telling about that, we were having one of these exhibitions I talked about, and this woman comes up to me, and we're in Austin, Texas, and she comes up and she said,
01:41:30.420you know, this reminds me of my eighth-grade science teacher.
01:41:36.300And she said, I live in Oklahoma City.
01:41:37.860I came to see this, and it reminds me of her.
01:41:40.460And she started describing this wonderful teacher who was Socratic and who did all the things.
01:41:45.200And she said—she got finished, and I said, and her name was Joanna Anderson.
01:43:51.880And so those quests last for six weeks.
01:43:54.300They're integrative, and they'll teach you something about life, personal finance, biology, applied chemistry, things you're going to really do.
01:44:02.040And then you have genres, which are much like your essay product, except they're different recipes for writing a white paper, a poem.
01:44:10.220And so you're actually practicing something you're going to write and use in the real world and display in front of an audience.
01:44:44.080I mean, we have a series of promises, like we believe that economic freedom, religious freedom, and political freedom are one of our core beliefs.
01:47:37.760If you're not willing to do something about it personally, then it must not be that big an issue.
01:47:41.860Well, it's also the case that life is unfair in weird ways, you know?
01:47:45.480I mean, one of the things that the Marxist types, for example, point to is the fact that, well, wealth is concentrated in the hands of a few.
01:48:26.600And when you're young, you have a lot of biological capital.
01:48:30.220And then possibly what you do is you exchange some of that biological capital for monetary capital as the biological capital deteriorates.
01:48:40.920And it doesn't look to me, like, it's not self-evident at all that that produces all the advantage on the side of the people with the monetary capital.
01:48:59.740So the analysis of where the Pareto distribution advantage lies is very unsophisticated.
01:49:07.820Well, and that's why, I mean, we'll have these kind of debates, and the question is, if you're concerned about an injustice, is there injustice?
01:51:02.940Let's go help one cow at the—I mean, you know, like, if you're going to help animal cruelty, let's go do something about one animal to rescue it in a systematic way you could build.
01:51:13.240So we have people from the left, lots of left, right, and the active network.
01:51:37.940Talked about the apprenticeship programs and the distributed games and the multiplicity of games and the idea that each person has something valid to contribute without that degenerating into a, you know, mindless equity outcome game.
01:51:51.920What's happening at—what are you doing on the higher education front?
01:51:54.660Well, so we have kind of a moonshot project that probably won't work, but we're working hard on it.
01:52:00.280And it's this question of how do people discover their calling?
01:52:03.120Now, at the academy, because we start so young and they're in it all the time, people will find not their calling because when you're young, that's too big, but their next great adventure in life.
01:52:13.380Like, what am I going to do for two years?
01:52:15.180And so we think we've developed the right questions to ask, and we've actually given back our MBA accreditation and closed the MBA school, successful as it was,
01:52:23.760because we could only serve 50 people a year, and that wasn't enough.
01:52:28.700And so we've created a series of challenges you can do in the real world with a group or alone that are out in the world doing it that will help you figure out what you should do with your next great adventure in life.
01:52:41.800We've—we're going to run probably 100 people through it.
01:52:47.420We're running 100 people through it now.
01:52:49.580And the end of this process is to be able to stand in a room full of people you've invited and say,
01:58:31.660Well, when I hear you say that, I think, yeah, well, and that wouldn't have happened without all the great people that I read who knew that sort of...
01:58:43.400Who were able to provide me with that knowledge.
01:58:46.320You know, I mean, I had great instructors.
01:58:49.700Practically, my mentors, people like Robert Peel, and then also the people I was fortunate enough to be introduced to in various ways while I was in university.
01:58:59.540And so it's great to see this sort of information make itself manifest.
01:59:03.400You know, Camille Paglia, a great literary critic, suggested to me at one point that had the universities turned to the Jungian school,
01:59:13.300Carl Jung and Mircea Eliade and Eric Neumann, then deep narrative analysts, instead of Derrida and Foucault,
01:59:21.200that the entire history of the development of higher education would have been different for the last 40 years.
01:59:27.040It's very interesting to see that starting to happen.
01:59:29.100And I really see it is spreading like mad, the idea that there are these fundamental unifying narratives,
01:59:34.960contra the postmodernist viewpoint, that they don't point to power as the fundamental human motivation.
01:59:40.660But there's something like the ongoing humble search for continued enlightenment, something like that.
01:59:46.160Yeah, it's a wonderful thing to see that all unfold.
01:59:48.100That is the battle between good and evil.