Market, science and higher education in American universities. Review of R Geiger’s book “Knowledge and money”

The article considers the problem of the influence of market principles on the fields of science and higher education on a material provided by the United States’ experience in the commercialization of education, which is reflected in R. Geiger’s book “Knowledge and Money”. Geiger emphasizes that the extension of market principles to the academia leads toparadoxical results: increased funding and the quality of the student audience while reducing the enlightening and cultural functions of the university. The book sequentially explores the main aspects of this paradox, as well as its historical dynamics and the causes of it. The concluding part of the article briefly substantiates the relevance of the research conducted in the book in the Russian context of educational reforms, which include a significant expansion of the commercial sector in universities.