Wednesday, February 14, 2007

Offensive to the Economic Mind

Here is a great story for making anyone who employs the economic way of thinking cringe. The state of New Jersey has a special program whereby the state builds schools in poor districts so that school infrastructure comes "at no cost" to the local school district. Of course, no cost to the district means at cost to someone else somewhere else, but what is even more erroneous and distasteful to the economic mind is the notion that delay and inferior quality are not costs. Read it and weep.

2 Comments:

Blogger Tax Shelter said...

no surprise there. I think the problem is there is no market for education, so the government has to takeover (which usually means huge waste).

12:50 PM  
Blogger J. Mark English said...

I love the blog that you have. I was wondering if you would link my blog to yours and in return I would do the same for your blog. If you want to, my site name is American Legends and the URL is:

http://www.americanlegends.blogspot.com

If you want to do this just go to my blog and in one of the comments just write your blog name and the URL and I will add it to my site.

Thanks,
Mark

2:55 PM  

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