Institution
Columbia University
Email
msu2101@columbia.edu
Miguel Urquiola
EdWorkingPapers
Is Education Consumption or Investment? Implications for School Competition
Friedman (1955) argued that giving parents freedom to choose schools would improve education. His argument was simple and compelling because it extended results from markets for consumer goods to education. We review the evidence, which yields surprisingly mixed results on Friedman's prediction… more →