Page:The Wisconsin idea (IA cu31924032449252).pdf/48

 Dean E. A. Birge said:—

Strange as it may seem, the same philosophy which was being taught in the University of Wisconsin was slowly becoming the dominating influence in Germany. The strength of this theory, even in remote times, is clearly shown in the writings of early German economists. The belief that it pays the state to concern itself in the betterment of human beings and the protection of human welfare, in order that it may receive in return a rich reward from this investment, is not a new one.