David Boyd Rule of Life Number One is that competition makes everything better. Without competition you are left to rely on the goodwill of the person/institution who holds a monopoly. To paraphrase Adam Smith, I'd rather rely on the baker's self-interest that he get up at 4 in the morning to bake bread rather than his generosity.
Arcbender has challenged my Rule Number One at Ed Cone's
site. His challenge is based on my advocacy of vouchers for making public schools better. Ed's original column is partly on making Greensboro more entrepreneurial.. My point to Ed is that to foster entrepreneurship, let's start with education rather than continue to rely on the government monopoly model.
Arcbender's post is surprisingly disjointed for someone who received a law degree from UNC. However, I'll pick out the main points and respond briefly to each. His points will be in bold.
And innovation for innovation's sake alone is not good policy.
Nonsense. Innovation is the key to everything. It's how we progress. In economic activity when innovation ceases, becoming more efficient takes over and it's a race to the bottom cost-wise.
The fact is vouchers have had a very mixed success in other places and most plans proposed provide far less money to recipients than would be necessary to provide widespread entrepreneurial competition...
What do we spend in NC per student? $8000? $10,000? More? As you note, most vouchers in other states are for far less than that. Let's up the ante if that's the problem.
Look to our pharmaceutical industry for an example of the limits of entrepreneurial innovation at providing public goods without profit motive. (Got Tamiflu?)
You're out of your mind. The pharmaceutical industry in this country has helped the public untold ways. Isolated incidents where government regulations or interference (the US and elsewhere) disrupt the market does not mean the system is broke. I guarantee that you will have less breakthroughs if you have a government compensated scientist on the clock looking for them rather than an entrepreneur.
I also must add that I am a product of the Greensboro Public Schools, if more than a decade away from my days at Sternberger, Lindley, Kiser and Grimsley. I have great pride in the education the people of Greensboro gave me...
As am I, albeit Guilford County - Northeast Guilford Class of '89. My kids also go to public school and it is a fine place. I am very satisfied. However, that doesn't mean education can't be done better overall.
The public schools have done more to create commonalities within America's culture than nearly any other institution, save for the military during the World Wars. Its a dangerous risk to our nation's unity to eliminate it.
How are we unified by public schools? However, if this is true, I don't know why we can't have the same thing with schools not run by the government.
Greensboro can forecully advocate better state spending on education to help create the sound basic education our constitution requires...
I suppose. However, you're still trusting a bureaucrat to convince another bureaucrat to do something. Better to let parents handle this. Do not get between the consumer and the provider.
it can endeavor to make sure that teachers are paid well enough so that we draw from those who wish to do good and those who wish do well - a larger and better employee pool than to whicih schools currently have access...
Teachers are paid pretty well by any objective measure. However, if there's one area where you have to admit the market trumps government it's setting value for employees. Just think, with the market you could pay a teacher based on performance rather than on longevity.
There are many more ideas and I claim no expertise, but I feel very confident that vouchers benefit more from their political pyrotechnics than their substantive thought in their lofty status in this debate.
Vouchers have a bit of momentum because they make sense to a lot of people, especially people that have kids in failing schools. I don't see any 'pyrotechnics.' Vouchers are a simple market-based solution to an overly complicated problem.
Affordable loans to entrepreneurial business that tend to feed back into the city's other businesses.
With interest rates as low as they are, loans aren't going to get much more affordable.
Encouraging or mandating a living wage so that Greensboro's workers can vigorously participate in Greensboro's economy as shoppers, diners and homeowners.
What's a living wage? $10/hour? $20/hour? Who pays? Business owner? Taxpayers? What number of jobs are you willing to lose by raising the minimum wage?
Seeking new ways to expand preventive health care and health insurance to all Greensboro's residents.
Want to know how to solve this problem? Get rid of group health. Buy health insurance like you buy auto or life. The problem will solve itself. I'm OK with government vouchers for the indigent to allow them to cover shortfalls in buying their own insurance. After all, I am not a libertarian.
Create a society where job loss, health costs, inadequate education, poverty wages and residential isolation do not steal a citizen's opportunity to reach for the American dream...
I agree totally. I am as well-intentioned as you. However, it's my market-based ideas that offer a real chance of success rather than your pseudo-socialism.