Mises Wire

Playing Market

Playing Market

The Edison Project has turned out to be a model of how not to reform schools (via LibertyGuys), as this DelcoTimes (Chester, PA) points out. Edison was paid the same regards of the results, and the school board shifted its budget and energy from supervising schools toward supervising Edison. The result has been a huge tug-of-war over control, ever higher costs, and no tangible educational benefit. Such are the results of attempting to achieve market ends through socialist means (an effort as mistaken as the attempt to achieve socialist ends through market means). LibertyGuys compares this school failure to same idea alive in the Social Security debate: “assigning a private concern” to manage a state program will fail.

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