Equity. This is a word I’m hearing all the time. In the business/finance sense, equity is a key term meaning the value of an owners’ stake in something. But that’s not what colleges, politicians, HR departments, and activists mean by the word. Equity is a very definite, almost religious term. It means equality of outcomes. That’s it. Very simple. Everybody gets the same outcome, from law, life, and everything. Everybody gets a good grade in school: no one fails….