Adam Smith's Wealth of Nations contains many of the basic tenets of capitalism Less well known is Smith's discussion of the state of education in the late eighteenth century in the latter chapters of the Wealth of Nations. Smith offers a detailed examination of professorial and administrative motivations of his day. Smith's analysis has direct application to many of the same problems that educational critics today have identified. This paper presents Smith's observations in the context of the controversies identified in today's educational reform movement.
Dilts, David; Samavati, Hedayeh; and Rahnama-Moghadam, Mashaalah
"Distant Reflections On Current Problems: Ethics and Economics In The Business of Higher Education,"
Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012): Vol. 1
, Article 6.
Available at: https://scholars.fhsu.edu/jbl/vol1/iss1/6