January 11, 2016

The Education Industry Needs to Be Disrupted by an Uber

Stefanie Haeffele

Deputy Director, Academic and Student Programs

Peter J. Boettke

Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
Summary

Like Uber disrupts the transportation industry, charter schools and private schools can and are disrupting the education industry. It is through these rivalrous and decentralized efforts that best practices come about and can be replicated by others. It is by getting into the field and experimenting, not waiting for federal reform, that will foster innovations that are desperately needed.

Educational achievement is key to economic mobility. However, the American educational system has failed to close the educational achievement gap that impacts our country's poorest and most vulnerable populations.

Dr. Roland G. Fryer Jr. of Harvard University is making it his life's work to find practicable solutions to closing the gap and encouraging economic mobility. Last month, he gave the inaugural Buchanan Speaker Series lecture, a series honoring the former George Mason University professor and Nobel Prize winning economist James M. Buchanan (1919-2013), for the F. A. Hayek Program for Advanced Study in Philosophy, Economics, and Politics at the Mercatus Center at George Mason University.

Educational policy reform typically focuses on increasing expenditures per kid and decreasing class sizes. In practice, these conventional wisdoms of education policy have not made a difference.

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