1. Introduction : markets, competition, and higher education -- 2. Sophism, academia, and Greek economics -- 3. Adam Smith and sophism : reaction to the endowment model -- 4. Virtue and early academia in the US -- 5. Academia and the rise of capitalism in the US -- 6. Corporate capitalism and...

American higher education / John W. Sommer -- The evolution of American higher education / Roger E. Meiners -- In service to the state / Joel H. Spring -- Federal student aid / C. Ronald Kimberling -- Higher education, the individual, and the humane sciences / Antony Flew -- The economics of...

Working within the context of the evolutionary-institutional transformation of higher education, the authors trace the development of an economic model by which the behavioral tendencies of modern universities can be evaluated. That model is expanded to provide insights to the following...