This issue examines the political economy of educational vouchers, arguing that true reform requires expanding—not constraining—private schooling. It explains how taxation destroys jobs by reducing capital formation, revisits the Industrial Revolution to show how markets elevated the working class, and outlines the benefits of free banking as an alternative to central monetary control. Additional essays defend the moral legitimacy of privatization and illustrate how market alternatives outperform government services. Book reviews consider works on economic growth, innovation, and the capitalist origins of Western prosperity.
