Remember that accumulated knowledge, like accumulated capital, increases at compound interest: but it differs from the accumulation of capital in this; that the increase of knowledge produces a more rapid rate of progress, whilst the accumulation of capital leads to a lower rate of interest. Capital thus checks it own accumulation: knowledge thus accelerates its own advance. Each generation, therefore, to deserve comparison with its predecessor, is bound to add much more largely to the common stock than that which it immediately succeeds.
Charles BabbageIt will be readily admitted, that a degree conferred by an university, ought to be a pledge to the public that he who holds it possesses a certain quantity of knowledge.
Charles BabbageThe whole of the developments and operations of analysis are now capable of being executed by machinery ... As soon as an Analytical Engine exists, it will necessarily guide the future course of science.
Charles BabbageIf we look at the fact, we shall find that the great inventions of the age are not, with us at least, always produced in universities.
Charles Babbage