It could be argued that this is a moment of great change in business education, not unlike that which led to the Gordon-Howell report, as the research-practical application debate, the emphasis on ethics and the demand for MBAs provoked by the financial crisis come together.

ECONOMIST: The Gordon-Howell report of 1959

This is a substantive practical and philosophical debate.

BBC: Planning for the future

The debate is not theoretical and is already having practical implications on both utilities and energy developers.

FORBES: Water Shortages May Leave Energy Producers Dying of Thirst

Now, once we get past the two poles of this debate, it becomes possible to shape a practical, common-sense approach that reflects our heritage and our values.

WHITEHOUSE: President Obama on Comprehensive Immigration Reform

There is plenty of room for debate as to which is more plausible, or practical.

ECONOMIST: The global environment

And debate in the Senate would have been, for all practical purposes, shut down.

NPR: Two Senators Sound the Call: Centrists, Unite!

So commentators on trade and immigration should stress the cosmopolitan perspective, knowing that the practical imperatives of the nation-state will not be underrepresented in the ensuing debate.

FORBES: Cosmopolitan Economists

These practical difficulties, let alone the dangerous side-effects, have received little attention in the renewed debate over capital controls.

ECONOMIST: Time to turn off the tap?