Centrally Planned Schooling is Price-less


John Merrifield


In Friedrich von Hayek’s Nobel Prize acceptance speech, he urged increased attention to
‘gardening’ – effort towards improving underlying conditions – and less focus on engineering
better solutions from existing incentive/constraint regimes. This paper explains what ignoring
Hayek’s advice has meant in K-12 education, and what increased attention to ‘gardening’ might
mean for K-12 education; that is, how might we expand the scope for much-needed improvement
through creative introduction of price signals as a cornerstone for deciding what is taught, where,
how, and to whom. Continue reading