"Parents – Not Economists – Know Best" From RealClearEducation
A team of economists from elite universities recently published a study suggesting that parents can’t truly assess school quality. Profiling the paper, The Atlantic notes that “if these results hold up under scrutiny by other economists … they could prove problematic for school-choice advocates.” But fortunately for them, this study merely shows that professors are far more ignorant than parents.
The study, published by the National Bureau of Economic Research, examines the preferences revealed by families’ choices when applying to New York City high schools. The authors found that families can identify and select quality schools that drive better outcomes for their children. So how is this happy story evidence of failure?