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How much do the public schools waste?
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Ideas on Liberty
- Article date:
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January 1, 2003
- Author:
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Copyright informationCopyright Foundation for Economic Education, Incorporated Jan 2003. Provided by ProQuest LLC. (Hide copyright information)
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Governments in the United States currently spend about 4 percent of gross domestic product on "public" schools.1 Those schools also employ about 4 percent of the nation's workforce. Although few will admit it, public education is clearly an anachronistic, socialist institution, with all of the characteristics of a typical Soviet enterprise. As such, one would expect it to display the inefficiency that eventually brought a collapse of the communist/socialist economic system, and that this inefficiency would lead it too to wither. Yet public education continues to thrive in market economies, where it has a host from which it can draw sustenance to mask its inefficiencies. My purpose is to ...
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