WHAT?!!!
8 June 2007
The Editor, New York Times
229 West 43rd St.
New York, NY 10036
To the Editor:
I was flabbergasted to read David Brooks's complaint that "the market is failing to supply enough human capital. Despite all the incentives, 30 percent of kids drop out of high school and the college graduation rate has been flat for a generation" ("Reviving the Hamilton Agenda," June 8).
News flash: Nine out of every ten kids in the U.S. in grades K-12 are enrolled in schools owned and operated by the government. It's not the market that's failing. Any failure here surely is the fault of the very government that Mr. Brooks mysteriously believes should be more active in building human capital.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
The Editor, New York Times
229 West 43rd St.
New York, NY 10036
To the Editor:
I was flabbergasted to read David Brooks's complaint that "the market is failing to supply enough human capital. Despite all the incentives, 30 percent of kids drop out of high school and the college graduation rate has been flat for a generation" ("Reviving the Hamilton Agenda," June 8).
News flash: Nine out of every ten kids in the U.S. in grades K-12 are enrolled in schools owned and operated by the government. It's not the market that's failing. Any failure here surely is the fault of the very government that Mr. Brooks mysteriously believes should be more active in building human capital.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on
Saturday January 26, 2008 at 6:19pm