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by crander
5303 days ago
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One of the things a free-market education system would offer is competition on reputation - allowing customers to choose schools before ever going there based on short feedback loops of many individual customers attending and reporting. This is already done with the public-private college system we have now - and yet you argue it's not possible to determine the quality of a school without going there, finding out it's bad and then being damaged? If you don't understand how markets better allocate resources than top down rationing systems I suggest you go take economics at the nearest community college. One of the concepts in the micro-economics principles class you will learn is that education has positive external benefits (beyond the market). In other words there is a marginal social benefit to education that exceeds the market demand. The best way to address this is not to have public school system monopolies of supply and take the cost to near zero - a much more efficient mechanism is to harness (superior) market resource allocation through demand subsidies. |
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better for what? If you study the economics, you'd know that free market naturally results in the outcomes like "food deserts" and 10%+ uninsured precisely because markets better allocate resources for profit maximization, not for universal coverage (which is a main objective of the public education system and must be, for basic human decency and net positive economical result for the whole society, made an objective of the healthcare system)