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Rating:  Summary: Excellent Review: The reason schools are failing is the same reason why everything else is failing in america. It is the gradual departure from capitalism to socialism. This book does a good job at teaching basic economics(although it is not the book I would recommend for this purpose, see Economics in One Lesson by Hazlitt) , abolishing the myths commonly attributed to capitalism, and showing how capitalism applied to education is in everyone's best interest. It is packed with the latest statistics like $7,079 per student per year is the national average spent on education. If you know anything about real economics you will see many mentions and the advice of many other real economists like the Austrians... Just a great book.
Rating:  Summary: Well-written, informative, and packed with information Review: This book is written clearly and concisely to be readily accessible to the lay reader but it contains such a wealth of well-framed arguments and exposition in its 362 pages that it also could be seen serving as a college-level text.The authors argue that choice-based reform of K-12 education is likely to founder unless popular myths about capitalism are challenged. If reformers and the general public do not possess a broader understanding of how and why markets work, the baby steps that are currently being taken towards school reform will not develop into the adult strides required for K-12 education to deliver superior performance. After detailing the shortcomings of the present K-12 school system, the authors explain how a capitalist school system would work. They then take an extensive detour into economics and capitalism to explain what capitalism is and how its principles would be applied to K-12 education. A very informative chapter is devoted to debunking myths about capitalism. The authors also effectively dispose of many of the arguments against school choice that are raised by opponents.
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