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Markets, Minds, and Money : Why America Leads the World in University Research by Miguel Urquiola S; ProQuest (Firme) is a nonfiction available to read on EtoBox.

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A colorful history of US research universities, and a market-based theory of their global success. American education has its share of problems, but it excels in at least one area: university-based research. That's why American universities have produced more Nobel Prize winners than those of the next twenty-nine countries combined. Economist Miguel Urquiola argues that the principal source of this triumph is a free-market approach to higher education. Until the late nineteenth century, research at American universities was largely an afterthought, suffering for the same reason that it now prospers: the free market permits institutional self-rule. Most universities exploited that flexibility to provide what well-heeled families and church benefactors wanted. They taught denominationally appropriate materials and produced the next generation of regional elites, no matter the students'--or their instructors'--competence. These schools were nothing like the German universities that led the world in research and advanced training. The American system only began to shift when certain universities, free to change their business model, realized there was demand in the industrial economy f

Who reads Markets, Minds, and Money : Why America Leads the World in University Research?

Author

Miguel Urquiola S; ProQuest (Firme)

Publisher

Harvard University, Department of Sanskrit & Indian Studies

Published

2020

Language

EN

ISBN

9780674246607

Category

nonfiction

Subjects

Education, Business, History