Peter Greene writes here that the invisible hand of the market doesn’t work well for schools.
There is no magic in the market.
Shelby County in Tennessee is overwhelmed with charters and of course they want more.
“Shelby County is running up against two of the fallacies embedded in most charter school policy.
“One is the modern charter policy lie– the notion that you can run multiple parallel school systems with the same money that used to run one system. The other is that charter systems don’t need a lot of regulation because the invisible hand of the market will take care of it all.
“Shelby County Schools in Tennessee has noticed that it has problems with both of those principles.
“The issue was raised back in August when the board considered nine more charter applications– which would have brought the grand total to 63 charter schools in…
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