When Democrat and Republican candidates for governor in a large state both endorse school vouchers, that doesn’t necessarily mean genuine educational reform will take place, but it surely is a positive sign. If a state like Pennsylvania breaks the grip of the teacher unions and ends the state school monopoly, the impact would be powerful […]

In a new “Economics 101” video released today by the Center for Freedom and Prosperity Foundation (CF&P), Izzy Santa of the Cato Institute uses school choice as an example to explain why competition is better than government-created monopolies. The video entitled, “Economics 101: School Choice Example Shows Why Government Monopolies Are Bad,” examines the data and notes that private schools produce better academic results at a lower cost than government-run schools.

This video uses the example of school choice to explain why competition is preferable to government monopoly.