Resistance to vouchers, he believes, derives from an old ideology. Hanushek argues for a competitive market-based funding system in the form of vouchers. Eric Hanushek and Paul Peterson examine the coexistence of what they believe to be the declining state of the public school system in the U.S. Session one sets the tone of the book by revisiting Milton Friedman’s organizing argument: that competition ensures economic freedom and that the appropriate role of a government in a free society is to ensure that competitive markets function freely. The book is organized into six sessions, each devoted to particular issues which the Friedmans have raised in Free to Choose. The papers have a dominant theme: competitive markets can solve many of the problems associated with education, environmental degradation, taxation, cultural diversity, globalization, financial markets and monetary stability. It is a tribute to Milton and Rose Friedman’s Free to Choose. This book is a collection of papers presented at a conference held at the Federal Reserve Bank of Dallas in October 2003. Reviewed for EH.NET by Ranald Taylor and Robert Leeson, Department of Economics, Murdoch University. Dallas: Federal Reserve Bank of Dallas, 2004. Mark Wynne, Harvey Rosenblum and Robert Formaini, editors, The Legacy of Milton and Rose Friedman’s Free to Choose: Economic Liberalism at the Turn of the Twenty-First Century. The Legacy of Milton and Rose Friedman’s Free to Choose: Economic Liberalism at the Turn of the Twenty-First Century Author(s):
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