approach, we analyze the efficiency of education policy in Ramsey's tradition. Distortive wage taxation is shown to provide an … efficiency reason for subsidizing education in effective terms. Second-best policy is confronted with empirical evidence for OECD …

attractive if they can be made both expressively and instrumentally appealing. This paper studies education policy in England and … proposes that arguments for increased state spending in school education is expressively appealing as it appears equitable, but …. Allocation to schools by lottery may be expressively but not instrumentally appealing. Cutting education spending and dividing …

This paper shows that the design of education policy involves a potential conflict between welfare and social mobility …. We consider a setting in which social mobility is maximized under the least elitist public education system, whereas … welfare maximization calls for the most elitist system. We show that when private education is available, the degree of …