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Just an example. Lots of possibilities for tweaking the incentives. In my hypothetical, schools have to compete, but the principal-agent problem between parent and child is reduced
In a competitive market w/ government vouchers, risk of bloat moves to risk of fraud. I don't think it's possible to eliminate either, but I see the private fraud problem as more tractable than public bloat. The extent of the rent-seeking in the current system is totally opaque.
I’m skeptical of the charter school model after seeing the abysmal results and massive corruption in India. They perform worse than public schools by all measures. That being said, our institutional health is quite a bit better and more choice is always good
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