FREE TO CHOOSE YOUR EDUCATION. A COUNTERFACTUAL PERSPECTIVE

In the last decades, an enormous economic literature has been developed in the field of education and schools' reform. It is generally accepted the idea that Romanian education system, despite the attempts of institutional reform according to European standards, has various functioning problems The weak capacity of education to stimulate creativity and human capital accumulation is the natural consequence of lack of incentives among state-run-schools What could be wrong if the education system will be managed according to the market rules? This paper looks to examine the main arguments favoring pro-market reform in education, and to offer a counterfactual approach in education field. We believe that educational entrepreneurship and competition are the only way to succeed in order to have better education for our children.