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  • Rediscovering Public Purposes of Education in the United States

Rediscovering Public Purposes of Education in the United States

An Economic View

David Stern

English , 2006/01 Educational Studies Series, Education Policy Studies Series Hong Kong Institute of Educational Research, CUHK

Tags: Education

216 x 138 mm , 44pp ISBN : 978-962-8077-99-1

  • US$3.00

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The relationship between public and private interests in education has been a recurrent topic of debate in the United States and elsewhere. Why should taxpayers be compelled to pay for the education of other people's children? This paper will review the traditional economic arguments for public schooling, which identify the primary collective benefit from compulsory education as preparing students to participate in a stable and democratic society. The paper will explain the particular sense in which economists use the terms "public" or "collective." It will discuss collective benefits from higher education, and also examine whether increasing individual incomes or aggregate economic growth should be considered collective goods. This discussion is intended to dispel some current misconceptions about what economic theory says with regard to efficient provision of schooling.

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