Education and society: an institutional approach
Mainstream arguments regarding education’s role in society are supported mainly through the theory of positive externalities. It is considered, almost axiomatically, that education represents the main means through which it is transmitted inter and intra generational the set of values that facilitat...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2015-06-01
|
| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1089.pdf
|
| Summary: | Mainstream arguments regarding education’s role in society are supported
mainly through the theory of positive externalities. It is considered, almost axiomatically,
that education represents the main means through which it is transmitted inter and intra
generational the set of values that facilitate the ordered structuring of social interactions.
Based on this reasoning, education has become a holistic concept and the management of
the whole educational process is the sum of initiatives oriented towards the attainment of
the “social good”. In practice, the functioning of public educational systems around the
world widely confirms the failure of positive externality argument. The purpose of this
paper is to offer a counterfactual perspective to the dominant holistic theory, and
moreover, to offer a possible explanation, from an institutional view, for the failure of
public educational systems. |
|---|---|
| ISSN: | 1841-8678 1844-0029 |