How Free Market Logic Fails in Schooling—And What It Means for the Role of Government

Bibliographic Data

ID9733353
AuthorsDouglas N Harris (0000-0003-3605-7132, Tulane University, New Orleans, LA, corresponding author)
Year2024
Volume53
Issue2
Pages111-122
Publication date2024-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEducational Researcher (JOURNAL)
Journal identifiersISSN: 0013-189X • E-ISSN: 1935-102X
PublisherAmerican Educational Research Association (AERA) (PUBLISHER)
DOI10.3102/0013189x231216953
OpenAlexW4389564094
LanguageEN
Citations received3
References cited65

Market-based policies, especially school vouchers, are expanding rapidly and shifting students out of traditional public schools. This article broadens, deepens, and updates prior critiques of the free market logic in five ways. First, although prior articles have pointed to some of the conditions necessary for efficient market functioning, I provide a more comprehensive list. Second, with an up-to-date literature review, I show that all of these conditions fail to hold to an unusual extent in schooling relative to other markets. Third, because of these failures, I argue that the most potent critique of the free market approach to schooling comes from the intellectual home of markets—economics. Fourth, I show that the issues leading to inefficiency are the same ones leading to inequity. Fifth, I argue that the analysis points to specific roles for government that go well beyond those included in new universal school voucher policies but are also narrower than the roles of government encompassed in traditional public education. For these reasons, the current policy direction is off track and apparently inconsistent with the main criteria on which we evaluate education policy and even with the values that voucher advocates profess

Economic growth · Economics · Free market · Government (linguistics · Inefficiency · Market economy · Market failure · Microeconomics · Political science · Politics · Public economics · Public policy · School choice · Voucher · Accounting · Global Educational Reforms and Inequalities · Law · Poverty, Education, and Child Welfare · School Choice and Performance

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