Power of the Market - Education

[aem945532]

Well, it looks like our brain-washers have succeeded in getting our society's cognitive pallet squeaky clean. Lets fix this. Ron Paul Revolution!

[khanmar]

at around 6:15 I wanted to punch that head master. Look where that got us, they ARE telling what to eat, how to live, what to do. Fuck him to hell. I hope he's deceased.

[fab006]

But if the government pays the bill (through vouchers), doesn't that remove the incentive to lower prices?

[jrsub3]

@fab006 The government already does pay the bill. What Friedman is advocating is not a pure privatization of school funding, but simply empowering people to take the government $ and do what they'd like with it. Whether you like the idea or not, it's certainly better than the school district telling you "if you don't like our school, either pay out of pocket for another and continue to pay tax, move to another district, or suck it up".

[mooeythemooseman]

@fab006

Competition would exist with a voucher system, that would increase quality but not lower prices like the free market can.

[fab006]

@mooeythemooseman Exactly. In fact, wouldn't it even be an incentive to raise prices? (Since payment is pretty much guaranteed to an extent, whatever the price?)