Is Public Schooling a Public Good? An Analysis of Schooling Externalities

Published: 9/05/2018
Is Public Schooling a Public Good? An Analysis of Schooling Externalities
Source: WWW.CATO.ORG

Corey A. DeAngelis Is public schooling a public good, a merit good, or a demerit good? Public schooling fails both conditions specified in the standard economic definition of a public good. In order to place public schooling into one of the remaining two categories, I first assess all of the theoretical positive and negative externalities resulting from public schooling as opposed to publicly fina

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