(Guest Post by Matthew Ladner)
Just a quick note on Jason’s post from earlier today– I totally agree that it is premature to draw firm conclusions concerning the potential of voluntary exchange in education from our charter school experience.
So the traditional public school system sadly falls in the lower right hand quadrant- little market discipline to go along with an all to often captured governance structure. Charter schools certainly qualify as a quasi-market mechanism that attempts to realize gains through voluntary association. However on the above chart they are basically trying to move K-12 education from the bottom right quadrant over towards the bottom left- and imperfectly so. Voucher programs basically attempt to do the same.
We are trying to nudge things towards the upper-left with multiple uses and college savings in an ESA program. In other words, we are trying to create an incentive for parents to exercise the same care with ESA funds that they would with their own money.
Keep your fingers crossed.