This monograph makes the case for widespread acceptance of the profit motive in education.  It does so not by presenting statistics that demonstrate that profit-making organisations could drive up quality – there is already a substantial literature on this.  Instead, the authors show how profit making organisations could create an entirely new dynamic of entrepreneurship and innovation.  As well as improving quality and reducing costs within existing models, such an approach could lead to the development of completely new ways of providing education. Download a copy of the publication at:  The Profit Motive in Education: Continuing the Revolution edited by J. B. Stanfield, Institute of Economic Affairs, 2012

Contents

 - Introduction by James B. Stanfield
- Profit is about learning not just motivation by Steven Horwitz
- Setting up a free school by Toby Young
- The profit motive in Swedish education by Peje Emilsson
- The story of a school entrepreneur by Barbara Bergstrom
- The fortune at the bottom of the education pyramid by James B. Stanfield
- For-profit higher education in the USA by Bennett, Lucchesi and Vedder
- Why is there no IKEA in education? by Anders Hultin
- UK Business Schools need an injection of the profit motive by J R Shackleton
- Schooling and entrepreneurship in the USA by Frederick M. Hess
- Private capital, for-profit enterprises and public education by Tom Vander Ark

Related

The For-Profit Edge, Daniel Bennett, Career College Central, November 2012

Harnessing the Profit Motive to Transform Education, Daniel Bennett, Forbes Magazine, 21 August 2012

A vision of the liberal ideal in education, James B. Stanfield, Adam Smith Institute Blog, 23 July 2012

Whats wrong with the profit motive in education? James B. Stanfield, Conservative Home, 20 July 2012

Freedom is the missing ingredient in education, James B. Stanfield, Institute of Economic Affairs Blog, 19 July 2012

Good schools for the world’s poor, Tom Vander Ark, Huffington Post, 31 July 2012

For-profit schools would be no more virtuous than other private-sector firms, Peter Wilby, The Guardian, 30 July 2012

The profit motive in education: continuing the revolution, IEA Press Release, 19 July 2012

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