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Rethinking the Welfare State: The prospects for ... - e-Library

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as credence good 172, 268(n169);<br />

decentralization program 157;<br />

demand-side subsidies 153–64;<br />

designing new system 164–74;<br />

dual role of 174–5;<br />

ends of/rationales <strong>for</strong> government intervention 145–8;<br />

equality in 147–8;<br />

equity/efficiency trade-off 170, 268(n161);<br />

and erstwhile private institutions 164, 266(n129, n134, n141);<br />

exit/voice 152–3, 262(n35);<br />

and extra billing 170–1, 268(n160, n164);<br />

and fly-by-night schools 267(n159);<br />

<strong>for</strong>-profit suppliers 169, 267(n158), 268(n169);<br />

free-<strong>for</strong>-all concerns 167, 267(n147);<br />

goals of 260(n4);<br />

government-owned/operated schools 149–53;<br />

high marks signal 173, 269(n171);<br />

inefficiency in 152;<br />

inflexibility in 152, 262(n30);<br />

and insufficient ‘values’ education 151;<br />

and low skill levels 150–1;<br />

mixed motivations <strong>for</strong> 46;<br />

modes of government intervention 149–64;<br />

moral hazard problem 168, 267(n154);<br />

open enrollment 155;<br />

and parental choice 154;<br />

paternalistic 146–7;<br />

political economy 173–4;<br />

and positive externalities 148;<br />

public voucher programs 158–64;<br />

public/private education 149;<br />

publicly financed 154, 157, 263(n45);<br />

qualified consumers 164–6;<br />

qualified suppliers 166–74;<br />

re<strong>for</strong>ms in 154;<br />

and refundable tax credits 170;<br />

and religious institutions 164, 167, 267(n148);<br />

scope/value of vouchers 168–71;<br />

screening hypo<strong>the</strong>sis 261(n10);<br />

skills model 145, 152, 260(n3);<br />

and standardized testing 171, 268(n66);<br />

and Tiebout choice 153–4, 262–3(n38);<br />

and unequal access 151–2, 261–2(n27);<br />

and value of liberal eucation 146, 260(n5);<br />

and virtues of voucher system 145, 260(n2);<br />

winnowing explanation 151, 261(n25)<br />

Public Choice <strong>the</strong>ory 37–8, 39, 224<br />

Public Employment Service (PES) 210–11<br />

Rawls, J. 82<br />

Reagan, R. 44<br />

Index 279

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