When was the last time you heard the "W" word at a university - "Wisdom"? Macquarie University Vice-chancellor Steven Schwartz's annual VCs lecture is very inspiring. I particularly liked the quote from Confucious regarding the 3 ways of attaining wisdom - Reflection, Imitation (gosh - could this be a throwback to the unpopular concept of virtue ethics absorbed from the virtuous?), and Experience. If the link above is broken you can track down the transcripts and other talks by Professor Schwartz
here.
He also highlights the danger of judging morality from the consequences of a decision - in a complex world we can rarely know the longterm consequences of our actions - so better to keep ourselves good in the present.