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The economic institutions of higher education : economic theories of university behaviour / J. Patrick Raines, Charles G. Leathers.
- Format:
- Book
- Author/Creator:
- Raines, J. Patrick, 1951-
- Language:
- English
- Subjects (All):
- Education, Higher--Economic aspects.
- Education, Higher.
- Universities and colleges--Administration.
- Universities and colleges.
- Universities and colleges--Sociological aspects.
- Physical Description:
- vi, 251 pages ; 24 cm
- Place of Publication:
- Cheltenham, UK ; Northampton, MA : Edward Elgar, [2003]
- Contents:
- The Applicability of Economic Analysis 3
- Economics of Higher Education: Recent Studies 4
- Economic Perspectives on Universities' Behavior 5
- Modeling Universities' Decision-making Processes 6
- The Foundational Work of Adam Smith and Thorstein Veblen 7
- 2. Historical Development of Universities 15
- Medieval Universities 17
- The English Universities 21
- The Scottish Universities 30
- The New German Universities 40
- The Emergence of Modern American Universities 44
- 3. Adam Smith on Failures of English Universities 54
- The Institutional Nature of Universities 57
- Smith's Criticism of Universities 59
- Proposals for Reform 68
- Incompleteness, Weaknesses, and Contradictions 69
- 4. John Stuart Mill on Universities 74
- The Special Social Functions of Universities 75
- Why the English Universities Were Failing 78
- Mill's Economic Analysis of Universities' Failures 80
- Government Schools vs. Private Schools 85
- 5. Veblen on Failures of American Universities 90
- The Social Importance of Knowledge 92
- The Social Functions of Universities 94
- Universities and the Principle of Institutional Specialization 94
- Evolutionary Development of Modern 'University Corporations' 96
- Institutional Failures of American Universities 102
- Transitional Statement 119
- 6. Veblen's Economic 'Model' of University Behavior 120
- Universities as Non-Profit Corporations 121
- Endowed Institutions 122
- Identities and Motives of Discretionary Officials 123
- Modeling Institutional Behavior 134
- Institutional Drift and 'Proposals' for Reform 138
- 7. Riesman on Veblen and Modern Universities 144
- Riesman's Critique of Veblen and the Higher Learning 145
- Riesman on Modern Universities: An Era of Faculty Dominance 151
- Riesman's 'Era of Rising Student Consumerism' 158
- 8. The Buchanan-Devletoglou Economic Model of Universities 163
- The Taxpayers' Representatives: Governing Boards 171
- Students as Consumers Who Do Not Pay 172
- Control of Universities by Faculties Who Do Not Sell 173
- The Nature and Causes of Universities' Failures 175
- Lack of Competition 180
- The Crisis on Campuses 181
- 9. Recent Economic Models of Higher Education 186
- Economic Models of Non-Profit Institutions 187
- Garvin's Economic Model of University Behavior 189
- The University as an Organization: The Prestige Objective 191
- Garvin's Formal Model 201
- 10. Meeting the Challenge: Explaining the Emergence of 'Entrepreneurial Universities' and 'Academic Capitalism' 210
- First Phase 210
- Second Phase 212
- The Challenge for Economic Models of Universities' Behavior 213
- The Emergence of 'Entrepreneurial Universities' 214
- The Consequences of 'Entrepreneurial' Research by Universities 215
- An Alternative View 218
- The 'Commoditization of Instruction' 219
- Explaining the Emergence of 'Entrepreneurial Universities' 222
- A Veblenian Perspective 224
- Smith and Veblen on 'Entrepreneurial Universities' 227.
- Notes:
- Includes bibliographical references (pages 231-237) and index.
- ISBN:
- 1840649917
- OCLC:
- 52030948
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