What are universities for?

Science|Business

Human capital is now the biggest factor in economic success, calling into question moves to create elite universities that generate high level research but neglect their role in education according to a new report, “University Systems Ranking: Citizens and Society in the Age of the Knowledge” by researchers Peer Ederer, Philipp Schuller and Stephan Willms of the Human Capital Centre at the Brussels think tank the Lisbon Council.

Universities are not simply a mechanism for churning out a handful of elites and perpetuating social inequality but should be capable of empowering and equipping the largest possible number of...

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