"As Izzy points out, Monopolies rip off consumers with high prices, they offer poor service, and they're bad for overall economic performance because they distort the allocation of resources," said CF&P President Andrew Quinlan. "So there is no surprise that government monopoly schools deliver lower-quality education for our kids."
"School choice is a critical issue, with implications for everything from civil rights to national competitiveness. This video is a great introduction to the issue," added Dan Mitchell, Cato Institute Senior Fellow and Chairman of CF&P.
Competition promotes innovation and results in higher quality and lower costs.
Government-run schools are a tragic example, by contrast, of why monopolies generate bad results. This video uses the example of school choice to explain why competition is a better approach.