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Essay / Research Paper Abstract
This 5 page paper takes a look at this famous economist's ideas on education in the United States. Privatization is discussed as an alternative to the current public educational realm. Bibliography lists 3 sources.
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5 pages (~225 words per page)
File: RT13_SA230edu.rtf
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Unformatted sample text from the term paper:
relies on established and successful private schools. Not only that, but proponents of vouchers claim that privatization will encourage competition and inevitably, schools will improve in general. However , this
is not really a new idea. It is good old fashioned capitalism at its core and something that economist Milton Friedman put forth many years ago. Friedman first announced
the idea of school choice during the mid-1950s (Viteritti, 1999). His free-market approach had been intended to bring competition to education and would also reduce the role of government (1999).
Friedman and those who were in concert with his ideas, equated the educational system with a Darwinian struggle that would force undersubscribed inferior institutions to shut down, thus allowing
the standing institutions with incentives to improve (1999). Many purists however, who remain convinced that public schools are incapable of competing with private schools, just looked forward to the demise
of public education and its replacement by publicly supported but privately run institutions (1999). Either way, the proposed educational plan by Friedman and others would be privately run
and market forces would enter the picture. The other side suggests that money put into voucher programs, or any programs that endorse private initiatives, takes money away from the public
educational realm. They say that public education is in poor shape and so all the money should go into rebuilding the public institutions. Money should not be given to
private schools that do not need it. While there are serious disagreements, both sides agree that the public education system is in need of serious help. More specifically, when discussing
education, Milton Friedman outlines concepts of capitalism and education in his work called Capitalism and Freedom. In the second chapter of this book, Friedman (1962) states that an "ends
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