Property Rights in Public (i.e. Government) Schools
Posted in Property Rights, Uncategorized on Jun 13th, 2012
There are times when the efficiency criteria breaks down as a useful guide to economic policymaking. These times occur most frequently in situations when property ownership conveys major differences in wealth – which leads to disparities in willingness-to-pay versus willingness-to-accept measures of value. An illustration will help. If you asked me how much I would […]
