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school vouchers
Milton Friedman:
...if government wants to subsidize something, it can subsidize either the producer or the consumer. Subsidizing the producer is the wrong way to do it because it creates a top-down organization, which is very inefficient. The better way is to subsidize the consumer, which is what vouchers do.
http://www.reason.com/0512/fe.ng.the.shtml
...if government wants to subsidize something, it can subsidize either the producer or the consumer. Subsidizing the producer is the wrong way to do it because it creates a top-down organization, which is very inefficient. The better way is to subsidize the consumer, which is what vouchers do.
http://www.reason.com/0512/fe.ng.the.shtml