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Markets for Schooling : An Economic Analysis
In recent years many countries have experimented with extending the role of market forces in their state schooling systems. These changes have often produced fierce debates about their rationale and consequences, not least because of their origins in a specific political and economic philosophy. The basis of this philosophy is economic liberalism: a belief in the efficiency of the market as a rationing and allocative mechanism. This book examines the appropriateness of this belief for schooling markets.
Nick Adnett and Peter Davies develop an economic analysis of schooling markets, emphasizing both the strengths and weaknesses of orthodox analyses. They explain the economic and social contexts that have generated the widespread desire to reform state schooling and develop a systematic analysis of the key policy components examining both theory and international evidence. The authors employ a unique framework based upon economic analysis that is informed by research performed by educationalists and other social scientists. Markets for Schooling is designed to be accessible and of interest to all researchers, administrators and policy-makers concerned with education and economics.
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Taylor & Francis
February 21, 2002
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