Where is the shortest way?
var height=0;
$('.el').each(function(){
height<$(this).height()?height=$(this).height():height=height
}).height(height);
If it exists, of course.
EDIT:
Nice, thanks gyus!
var h=0;
$('.el').each(function(){
h=Math.max(h,$(this).height());
}).height(h);
Slightly shorter, but cleaner and faster I guess: