Saturday, April 10, 2010

Adam Smith on Moneylaw

Some of Adam Smith's views of higher education and professors are quite similar to those found over on Moneylaw and on this blog. All are found in the Wealth of Nations:

". . . [T]hey are likely to make a common cause, to be all very indulgent to one another, and every man to consent that is neighbor may neglect his duty, provided he himself is allowed to neglect his own."

"In the University of Oxford, the greater part of the public professors have, for these many years, given up altogether even the pretense of teaching."

"The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or more properly speaking, for the ease of the masters."

My goodness!

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