Econ 479

The Art of Writing, the Science of Economics

Education and the free rider problem

Is it in the interest of America’s capitalists to see to it that American schools are strong enough to yield an educated workforce?

Probably not, argues James Kwak at the economics blog The Baseline Scenario, making interesting use of the economic concept of the free rider.

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Written by gregorymcnamee

September 6, 2010 at 11:50 pm

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