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Is There a Mark Perry Venn Diagram Lurking?

Thursday, November 10, 2016 11:25
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(Before It's News)

(Don Boudreaux)

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Here’s a letter to the Wall Street Journal:

Sen. Elizabeth Warren supports those who oppose school choice (“Progressive Values on the Ballot,” Nov. 10), presumably because she believes that competition causes suppliers (in this case schools) to worsen their service to customers.  Yet Sen. Warren also supports – because she thinks that it will intensify competition throughout the economy – active antitrust enforcement, presumably because she believes that competition causes suppliers to improve their service to customers.

Is it too much to ask Sen. Warren to decide one way or another if she believes that competition for customers worsens or improves suppliers’ performance – or, alternatively, to have her explain why K-12 schooling is, among all the many industries in the economy, the only one in which competition worsens rather than improves the performance of its suppliers?

Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA  22030

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