Milton Friedman: Education (Part Three)

Milton Friedman on education.

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[Cyrus992]

cpblackangel88:

Yeah...education should be a exciting service, not a force.... Take a look at me... I wanted to investing and urban design for years...and should be in a school that trains and teaches fields that relate to those goals.... EARLIER!!

Public schools are not about helping people, it is about control and lazy work for administrators and unions!!

[PianoForteAndrew]

7:53 turn around LIKE A BOSS

[mariasman100]

@rhth79, A free market can be decribed as the absence of central control. Therefore, a move to lessen the central control of education is synonymous with embracing free market principles. Perhaps you're not quite so opposed to market solutions as you currently perceive. I've noticed that many who oppose "capitalism" have little understanding of it beyond the caricature popularized by so-called "Leftists". Many are simply opposed to much of what wrongfully passes as "capitalism" today.

[rhth79]

@mariasman100 I agree education should not be centrally controlled but I think it should be managed on a more local level where people are more directly involved in the process, and I don't think the market place is the solution to the problem. I'd prefer education to be about educating only and not have any influences such as profit or standardizing the process playing a role in it at all. Both of these influences tend to rationalize decision making when they are part of the process.

[mariasman100]

@rhth79, The system in and of itself, as managed by bureaucrats, seeks to standardize all aspects of society in order to make it more manageable. The advent of standardized testing in a centrally controlled system of education should be expected. There is no market in education, particularly secondary schooling. Therefore, the consumers have little power to challenge this monopoly. They are forced to fund its exorbitant demands even if they place their children elsewhere.

[mariasman100]

@rhth79, There are no incentives for bureaucrats to challenge and make changes to a centrally controlled system. Only a system that rewards success and penalizes failure can foster innovation. There will be no improvement in education and other industries as long as perverse incentives remain in place. We should all understand by now that endless bailouts is not a desirable policy.

[rhth79]

@mariasman100 Enabling a 'process of discovery' can be achieved by challenging and making changes to any centrally controlled system. Why introduce a market that we think will 'tend' towards this rather than directly affect the system and apply what is now known and what constitutes 'good' education? This whole idea seems like a blind faith in capitalism and the idea that markets can fix all social problems, when it's this very approach that leads to many social problems.

[rhth79]

The market as a solution strikes me as an extremely narrow view of reality. I would argue education sucks due to the current philosophy of education ie standardized testing, not the system in and of itself. Like any system, improvements occur when it is challenged, and parents have long since given up this responsibility.

[akshayshenoy21]

One of the students in the video looked like Salma Hayek at 1:14. However I enjoyed all of Freidman's documentaries. We don't have such economists in this day and age. Huh! the good old times.

[HandyMan101]

"throw out something that is very very good"

based on what you moron?

haha, that federation of teachers guy is soo stupid

[CAinfowarrior]

@omt07 it's called communism!!! yay!!

[greekmavros]

dudes got that michael jackson aboutface lol