|Henry Manne to Trace the Problems of Universities in Webinar Monday|
Who would have thought that Henry VIII’s divorce from Catherine of Aragon would have anything to do with the muddle that is the modern U.S. university? Ironically, that divorce led to the most distinctive aspect of modern not-for-profit schools – they are not owned by anyone. As religion lost its hold on the minds of trustees, and as an ill-conceived bit of federal legislation in 1861 led to numerous state schools (with the usual unforeseen consequences), control of these institutions ultimately went to their faculties. It was mostly downhill from there.
On Monday, April 9 at 8pm EST, International Center for Law and Economics Advisor Henry G. Manne will trace these problems and provide an analysis of property rights theory applied to non-profit organizations in this Students for Liberty webinar.