© 1979

The political economy of the educational process


Part of the Studies in Public choice book series (SIPC, volume 2)

Table of contents

  1. Front Matter
    Pages I-XI
  2. Richard B. McKenzie
    Pages 13-36
  3. Richard B. McKenzie
    Pages 37-50
  4. Richard B. McKenzie
    Pages 69-75
  5. Richard B. McKenzie
    Pages 93-125
  6. Richard B. McKenzie
    Pages 137-164
  7. Richard B. McKenzie
    Pages 173-187
  8. Richard B. McKenzie
    Pages 189-195
  9. Back Matter
    Pages 197-199

About this book


The purpose of The Political Economy of the Educational Process is to demonstrate in an elemental way what economics can contribute to our understanding of how education occurs. Although in ways similar, the book is significantly different from other studies in the economics of education. Other works are primarily concerned with the effects which education (or, to use the economist's jargon, human capital) has on production, market efficiency, and the distri­ bution of income. The central concern of this book is how and why the student goes about acquiring whatever human capital he wishes and how the institutional setting of the university influences the amount of human capital that the student acquires. This book deals with the learning process and, therefore, draws upon an earlier book written by Robert Staaf and myself. 1 However, the "economic theory of learning," which Staaf and I developed earlier in very pre­ cise mathematical terms, is extended here through a fuller treat­ ment of the political environment in which education occurs. A major concern of this work is to make the economic analysis easily understood by professional educators and social scientists generally. To accomplish this objective, Chapter 2 develops for the non­ economicists the tools of analysis which are used throughout the book. Hopefully, by shying away from esoteric theory and by try­ ing to make the discussion provocative and informative, the book 1. See Richard B. McKenzie and Robert J.


Governance Institution Public Choice economy education political economy

Authors and affiliations

  1. 1.Clemson UniversityUSA

Bibliographic information

  • Book Title The political economy of the educational process
  • Authors R.B. McKenzie
  • Series Title Studies in Public choice
  • DOI
  • Copyright Information Springer Science+Business Media B.V. 1979
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Hardcover ISBN 978-0-89838-012-5
  • Softcover ISBN 978-94-009-9244-3
  • eBook ISBN 978-94-009-9242-9
  • Series ISSN 0924-4700
  • Edition Number 1
  • Number of Pages , 216
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics Political Science
  • Buy this book on publisher's site