Abstract
An academic enterprise that sought to promote human welfare rationally would give intellectual priority to tackling problems of living, including global problems, and would take the basic aim to be to seek and promote wisdom. Universities today, devoted to the pursuit of knowledge - insofar as they are not devoted to money - when judged from the standpoint of promoting human welfare, betray reason, and as a result betray humanity. Why? Because a bad philosophy of inquiry is built into the intellectual/institutional structure of universities all over the world. Philosophers are, unfortunately, blind to this widespread adoption of an irrational, damaging philosophy of inquiry. They fail to appreciate that the basic aim of academia ought to be wisdom, and not just knoweldge. Despite the fact that "philosophy" means "love of wisdom", academic philosophers reveal in their blindness to their proper task, that they do not love wisdom.