Economics, competition and academia : an intellectual history of sophism versus virtue

VIII, 148 S.

Includes bibliographical references and index

Introduction: markets, competition and higher education -- Sophism and virtue -- Markets and academia -- The endowment model -- The tuition-driven model -- The combined model -- Overview -- Conclusion -- Sophism, academia and Greek economics -- The sophists and fee-based education -- The sophists and competition -- Plato downplays the market -- Aristotle and the economics of moderation -- Plato, the academy and virtue -- Aristotle's lyceum and the endowment model -- Virtue or sophism in Greek education -- Conclusion -- Adam Smith and sophism: reaction to the endowment Model -- St. Thomas Aquinas and the economics of virtue -- The endowment model at Oxford -- Adam Smith: markets and natural acquisition -- Smith and virtue -- Adam smith: sophism and higher education -- Conclusion -- Virtue and early academia in the US -- Early colleges, virtue and the endowment model -- Benjamin Rush and sophism -- Economics and education: Jeremy Bentham -- Virtue: the Yale report of 1828 -- Francis Wayland and the economics of sophism -- Conclusion -- Academia and the rise of capitalism in the US -- Economics and education: John Stuart Mill -- Land-grant universities and public endowment -- Propriety law schools: a failed experiment in sophism -- The comprehensive university and private endowment -- Eliot and electives at Harvard: the triumph of competition -- Opposition to electives: the regulated market -- Electives and competition -- Conclusion -- Corporate capitalism and the university as a business -- Marshall, marginalism and markets: the new sophism -- Eliot: academia is not a business -- Morris L. Cooke: the scientific measure of sophism -- Thorstein Veblen and institutional economics -- Veblen and academia as a business -- Conclusion -- Collegiate business schools in the US: sophism or virtue -- The collegiate study of business -- Undergraduate business schools -- Graduate business education -- Thorstein Veblen: business schools as sophism -- Business schools respond with virtue -- Abraham Flexner: the attack on sophism -- The defense of sophism -- The endowment model helps collegiate business schools grow in the 20th century -- John Kenneth Galbraith defends virtue -- Conclusion -- Academia in transition: the road to sophism -- From sophism to virtue -- The decline of the endowment model -- The for-profit college and sophism -- The road to sophism?

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