The Simplified Wealth of Nations of Adam Smith, Book 5, Chapter 1p, Article 2: Educational Institutions -- University Education

Chapter 1p, Article 2: Educational Institutions for the youth -- University Education

130 The educational institutions for the youth may generate a revenue sufficient for defraying their own expence.

131 Even if the teacher's reward does not come from this natural revenue, it still is unnecessary that it should be derived from the society's general revenue.   132 Have those public endowments promoted the education of the youth?   133In every profession, the exertion of those who exercise it is always proportional to the necessity for that exertion.   134 The endowments of schools and colleges reduced the necessity of exertion in the teachers.   135 In some universities, the salary makes a small part of the teacher's emoluments.   136 In other universities, the teacher is prohibited from receiving any honorary or fee from his pupils.   137 The teachers are likely to be very indulgent to one another if:   138The teacher will not likely neglect his duty if his superiors are some other extraneous persons such as: However, such superiors can only force him to:   139 Whatever forces students to any college or university independent of the teachers' merit or reputation reduces the necessity of that merit or reputation.   140 "The charitable foundations of scholarships, exhibitions, bursaries, etc. necessarily attach a certain number of students to certain colleges, independent of the merit of those colleges."   141 A regulation which:   142 A sensible teacher must find it unpleasant to: If he is obliged to give a certain number of lectures, these motives alone might urge him strive to give tolerably good ones.   143 In general, the discipline of colleges and universities is contrived for the interest or ease of the masters, not for the benefit of the students.   144 Generally, the subjects which do not have their own public institutions are the best taught.   145 In England, the public schools are much less corrupted than the universities.   146 The subjects commonly taught in universities are perhaps not very well taught.   147Most of the present European universities were originally ecclesiastical corporations.

Next: Chapter 1q: Educational Subjects