ABSTRACT
The science of political economy emerged from the war in much the same shattered state as did the economies of the belligerent nations. Scarcity of the capacity to learn is the cardinal principle of education. The fact is that education appears among primitive peoples in an inverted form: the vocation of teaching is actually one of concealing. Education comes into being, then, when the knowledge which has to be acquired is out of proportion to the capacity to learn. The profusion of cultural and technical possessions is such that it threatens to bring a catastrophe upon mankind, in as much as every generation is finding it more nearly impossible to assimilate it. The university must be the projection of the student to the scale of an institution. The concept that the university is the student is to be carried out even to the point of affecting its material organization.
