Links for 2011-03-25 [del.icio.us]
- In Search of the Deserving Poor, Bryan Caplan | EconLog | Library of Economics and Liberty
Defining the terms. - The Economics of Apple « The Enterprise Blog
…Apple really, deeply understands the economics of markets for digital goods, and it has internalized this economic logic probably better than any firm at the moment. Put yourself in Apple’s shoes not as an innovator or engineer but purely as an investor. Apple makes its bets believing it can successfully charge high rents for relatively short periods of time for new platforms and products. They also know that the platforms/products need to be updated rapidly, on a rolling basis, so much so that they become (from a practical standpoint) categorically new entities, thus justifying a new round of consumer buying. Apple has internalized that its advantages are on the order of, maybe, a year or two at a time before the rest of the market catches up. It invests in its innovation cycle accordingly and—the most important point of all—charges the necessary rents, too, to justify the investment. - Study: Vouchers work — Joanne Jacobs
School vouchers improve outcomes for students — and induce public schools to improve, claims Greg Forster in an analysis of 10 studies that used random assignment of students. - Super-Economy: On the Swedish voucher system
Voucher funded schools have more satisfied teachers and parents and students. They cost less for taxpayers. They don’t appear to hurt public schools. In addition, they have been improving their test-scores in a period where public schools scores are declining.
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