Education Reform as Economic Reform

Document Type

Article

Publication Date

2005

Abstract

Focuses on several findings of literature on economic reform that can be used to draw lessons about repairing the U.S. public education. Factors that contributed to the declining academic performance of U.S. students in an international context; processes that cause rent-seeking to be inefficient based on the rent-seeking model of economic policy; advantages of addressing constraints that hinder parents from transferring their children to better performing schools.

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