Adam Smith University (also known as Adam Smith University of Liberia and École Supérieure Universitaire Adam Smith) is an unaccredited private distance learning university founded in 1991 by Donald Grunewald, who is still its president. Grunewald, a onetime president of Mercy College, was reported in 2004 to be a business professor at Iona College. The university espouses the principle of independence from state control, believing that such control prevents it from furthering its mission.
Read more about Adam Smith University: History, Accreditation, Criticism
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“Great ambition, the desire of real superiority, of leading and directing, seems to be altogether peculiar to man, and speech is the great instrument of ambition.”
—Adam Smith (1723–1790)
“Let those talk of poverty and hard times who will in the towns and cities; cannot the emigrant who can pay his fare to New York or Boston pay five dollars more to get here ... and be as rich as he pleases, where land virtually costs nothing, and houses only the labor of building, and he may begin life as Adam did? If he will still remember the distinction of poor and rich, let him bespeak him a narrower house forthwith.”
—Henry David Thoreau (1817–1862)
“Growing old is no gradual decline, but a series of tumbles, full of sorrow, from one ledge to another. Yet when we pick ourselves up we find no bones are broken; while not unpleasing is the new terrace which stretches out unexplored before us.”
—Logan Pearsall Smith (1865–1946)
“The scholar is that man who must take up into himself all the ability of the time, all the contributions of the past, all the hopes of the future. He must be an university of knowledges.”
—Ralph Waldo Emerson (1803–1882)