Blogging Fusion

In 2008 there are 95 600 high-school students in Macedonia(from stat.gov.mk), and according to budget public expenditures are around 36.24 million euros for high-school education.

This means, 380 euro on average per student. I lack some data to make a calculation whether it will or not be profitable or possible to privately run schools with the voucher system... But i can take for example the local school, which is to say rural and most probably worst case scenario for privately runed school, which had only 330 students in 2006/2007 meaning it equals income 125.400 Euros. The figure about the school budged is not that good, since the current management appointed by government lack the incentive to attract more students. Since this high school is worst case, way below country average of admitted students (900), and in my assumption it can work profitably - bottom line is vouchers will work in Macedonia.

Yet there may be few exceptions, schools that wont be profitable to be operated privately, but with some added value for rural areas, or transportation vouchers, the system will work..

I really don't wanna watch the Teacher's Union news statements if this is ever proposed in Macedonia. :D :D :D

Just read Capitalism and Freedom - Milton Friedman, and it is the main reason for making this graph.

Next on my list is Free to Choose, i hope it is not only rephrased Capitalism and Freedom, and i also hope to see many new(at least for me)  ingenious solutions to society problems.