Private Education - A Bad Idea?
Channel: Sam Vaknin's Musings
Date: 2011-12-07

I am not too impressed with the level of public education. But is private education the solution?

In economics textbooks, education often appears as a "public good." Contrary to common misconceptions, public goods are not "goods provided by the public" (read: by the government). Public goods are sometimes supplied by the private sector and private goods - by the public sector.