Economic Research Wants to Be Free
The marginal cost of accessing an academic journal article is pretty much zero. The research has been written, the type has been set, and the salaries have already been paid. So the socially optimal price is: free.
The marginal cost of accessing an academic journal article is pretty much zero. The research has been written, the type has been set, and the salaries have already been paid. So the socially optimal price is: free.
There is no policy economists love more than school choice. Milton Friedman was an early proponent. The idea certainly makes sense: if parents have the ability to choose the best schools for their children, outcomes should improve through both the better matching of kids to specific schools and the resulting competition that would force schools to develop their programs. The . . .