🚀 go-pugleaf

In article <MCINTOSH.93Jan20143601@dawn.rice.edu>
mcintosh@rice.edu (Nathaniel McIntosh) writes:

>The thrust of the article was that
>private enterprise and free markets aren't always
>completely "efficient", and even in cases where they
>are efficient, you don't always wind up with an
>acceptable arrangement.

I don't think anyone claims that free markets are "completely"
efficient, just that they are more efficient than the alternatives.

>The point is that it's easy to imagine a similar
>undersupply/oversupply situation with schools, if
>schools were completely in the private market.

I think a better comparison is with the university system, where public
and private institutions are able to coexist in a peaceful and even
mutually beneficial state.

>this would not be much consolation if your kids
>had to live through it. 

There's not much consolation now for kids that don't learn enough
reading or arithmetic to hold down a job.  Personally, an oversupply of
adequate schools is the kind of problem I wish we had.
-- 
Mark Harrison, mharriso@dsccc.com