The Higher Learning

“even the scholars occupied with the “humanities,” are at pains to find some colourable answer that shall satisfy the worldly-wise that this learning for which they speak is in some way useful for pecuniary gain” – Thorstein Veblen, 1919.

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building my TB fan site.

 

Also: “Among the immediate consequences of this latter feature, as shown in the example of the law schools, is a relatively high cost. The schedule of salaries in the law schools attached to the universities, e. g., runs appreciably higher than in the university proper ; the reason being, of course, that men suitable efficiently to serve as instructors and directive officials in a school of law are almost necessarily men whose services in the practice of the law would command a high rate of pay. What is needed in the law school (as in the school of commerce) is men who are practically conversant with the ways and means of earning large fees, that being the point of it all”  Veblen on p214 of The Higher Learning. [My italics]