A few days ago, the president of Harvard University resigned in disgrace. There is a perception among cultural observers in America that the episode has eroded Harvard’s prestige. That cannot be true. Disgrace does not diminish an exclusive club. That is not how prestige works. What ends prestige is, in fact, equality. After Hamas slaughtered over a thousand Israelis in a single day, wounded over 3,400, and raped an unknowable number, there was widespread denouncement across US universities. Not of Hamas, but of Israel. In political turmoil, university students tend to back the poorer player when their own stakes in...