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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“The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.”
—Adam Smith (1723–1790)
“What we are, that only can we see. All that Adam had, all that Caesar could, you have and can do. Adam called his house, heaven and earth; Caesar called his house, Rome; you perhaps call yours, a cobbler’s trade; a hundred acres of ploughed land; or a scholar’s garret. Yet line for line and point for point, your dominion is as great as theirs, though without fine names. Build, therefore, your own world.”
—Ralph Waldo Emerson (1803–1882)
“How awful to reflect that what people say of us is true!”
—Logan Pearsall Smith (1865–1946)
“I had a classmate who fitted for college by the lamps of a lighthouse, which was more light, we think, than the University afforded.”
—Henry David Thoreau (1817–1862)