Wednesday, May 11, 2011

Brad DeLong's query

Why Is the Higher Education Market Failing?:
"None of this is clear to me.

I do observe that education and medical care are the two large sectors in which the private market did not have a strong presence a century ago and are also the two large sectors where market competition does not seem to produce lower prices. And I feel that there must be some connection."
Interesting comments. I would say ask David Labaree.

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