January 31, 2013 8:46AM 

# The Profit Motive in Education 

By [Andrew J. Coulson](https://www.cato.org/people/andrew-coulson) 

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I’ve finally had a chance to look over a book published last year by the London-based Institute for Economic Affiars: *[The Profit Motive in Education–Continuing the Revolution](http://www.iea.org.uk/sites/default/files/publications/files/The%20Profit%20Motive%20in%20Education%20-%20Continuing%20the%20Revolution.pdf).* It turns out to be a great overview of current developments from all over the world, and has a particularly useful chapter by its editor James B. Stanfield, development director at the E. G. West Centre at the University of Newcastle, founded by James Tooley.

I highly recommend it to anyone interested in better understanding how genuine markets can and do work in elementary and secondary education. Delightfully, the whole thing is available on-line as a.pdf file (see link above). E‑mail it to your Kindle!

##### Related Tags 

[Education](https://www.cato.org/education), [Center for Educational Freedom](https://www.cato.org/center-educational-freedom) 

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