Dan Fabulich wrote:
> [...] I made an argument that the current system, which is used by private
> schools and private institutions across the country, is working correctly.
>
> [...] I don't THINK your proposal is an argument for market failure, and I
> presume that you think that there's a serious reparable flaw in the way
> the market works, so I presume, by making this argument, you mean to say
> that there's a great business opportunity available here for anybody who
> wants to start up a credentials organization and do it well. This isn't
> obvious to ME, but our market has a great way of betting on such things.
Question: Do parents, the people who would be funding this operation in the absense of the state, have any serious economic incentives to give their children a good education? I'm saying a big NO.
BM