Abstract
In this, the 1965 Aquinas Lecture, Dr. Riedl examines the future of universities in the light of three basic discrepancies between their historical functions and present roles: loss of their status as sole agency for the advancement of learning, loss of their function as educator of clerics, and loss of their role as sole arbiters of professional education and standards. He concludes that we need a theory of administration that allows decentralization of control without compartmentalization, a theory of creativity in research and teaching, and a theory of colleagueship that does justice to the realities of institutional and professional loyalties.—R. J. W.