educational vouchers

Milton Friedman – The Way to Improve Schools

Professor Friedman's recipe for better schools. “What do we really need in schools? We need competition. What we have is a monopoly. And like every monopoly, it is producing a low quality product at a very high cost. The way to improve that is to have competition. To make it possible for parents to have the choice of the schools their children attend.”

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Milton Friedman on Educational Vouchers

“The responsibility for educating children is with their parents. And in order to make it a parental matter, you have to have a situation in which the parents a re free to choose the schools their children go to. They aren't now. Today, the schools pick the children. Children are assigned to schools by geography. By where they live. And essentially you've got a school picking its own children. As I said in 1955, take the amount of money that we are now spending on the education, divide it by the number of children, and give that amount of money to each parent.” Excerpts from an interview with Hillsdale College President Larry Arnn on May 22, 2006 in which Milton explains the dynamics involved when parents are empowered to select the best educational option for their children. Source: LibertyPen YouTube channel. Translated by Jadranko Brkic.

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