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Weekly Interest

332 Landslide

332 Landslide

January 30, 2011

Why don’t the free marketeers of education believe in, you know, the free market?

"To be clear, I don’t buy the assumptions or the vocabulary of the “free marketers” one bit and they don’t, either. If they did, you’d hear more about compensation for teachers, a consideration that is as Econ 101 as it gets. Their real goal is to bust the unions, which they see as dangerous bastions of liberal thinking, and to transform the education system into a training system that will produce reliable worker bees for the engines of commerce. Quiet worker bees who don’t rock the boat."

"Here’s the problem. Take any senior leader in any successful company in America. Ask him (let’s assume it’s a him for obvious reasons) if he believes he deserves his very high salary, and if so, why. My guess is that he’ll think he does important work and that the more valuable you are, the more compensation you will and should command. Ask him if the company could get somebody to do his job for half as much money and he’ll probably say sure, but you get what you pay for. Ask if he believes that these principles hold for others in his organization and he’ll likely talk about the importance of attracting and retaining top talent (odds are he’ll use those exact words, in fact) and he will probably allow that if his top competitor pays better that his company will be at a disadvantage.

This is Economics 101, first day of class."

Read the rest of this article at Scholars & Rogues.

Where we Stand - Education in America - PBS

Waiting on Superman - Variety

The Story of American Public Education - PBS

US Education Dashboard - ED.GOV

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