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Ist Bildung eine Ware? Ein Klärungsversuch / Is Education a Market Good? An Attempt to Clarify

Listed author(s):
  • Mause Karsten

This paper demonstrates the absurdity of the slogan ‘Education is not a Commodity!’, which is often used in discussions about educational policy issues. Based on the household production approach, which has been developed by Gary S. Becker and his colleagues, it is argued that an individual’s education is not a good which can be purchased on a market. However, on markets individuals can buy educational services that may be used by a single person to ‘produce’ his/her stock of education. In economic terms, the output of this individual production process-education-can be interpreted as a part of a person’s human capital. The latter may be utilized by the respective individual on the labor market. The proposed distinction between educational services, education, and human capital is an attempt to bring conceptual clarity into social-science analyses (i) of markets for educational services, (ii) of educational processes, and (iii) of labor markets.

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Article provided by De Gruyter in its journal ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft.

Volume (Year): 59 (2008)
Issue (Month): 1 (January)
Pages: 363-380

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Handle: RePEc:bpj:ordojb:v:59:y:2008:i:1:p:363-380:n:18
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  1. Goethals, G. & Winston, G. & Zimmerman, D., 1999. "Students Educating Students: The Emerging Role of Peer Effects in Higher Education," Williams Project on the Economics of Higher Education DP-50, Department of Economics, Williams College.
  2. Mause, Karsten, 2008. "The Tragedy of the Commune: Learning from worst-case scenarios," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(1), pages 308-327, February.
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  8. Schmidtchen, Dieter & Kirstein, Roland, 2005. "Mehr Markt im Hochschulbereich: Zur Effizienz und Gerechtigkeit von Studiengebühren," CSLE Discussion Paper Series 2005-05, Saarland University, CSLE - Center for the Study of Law and Economics.
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  10. Stinebrickner, Ralph & Stinebrickner, T.R.Todd R., 2004. "Time-use and college outcomes," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 243-269.
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  15. Hahn, Robert W, 1989. "Economic Prescriptions for Environmental Problems: How the Patient Followed the Doctor's Orders," Journal of Economic Perspectives, American Economic Association, vol. 3(2), pages 95-114, Spring.
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