This book investigates the economic viability and social implications of implementing market-based mechanisms within state-funded schooling systems. Authors Nick Adnett and Peter Davies utilize their expertise in economics to critique orthodox models of educational reform. By synthesizing international evidence with theoretical economic frameworks, they provide a systematic evaluation of how market competition influences educational outcomes and administrative policy.

Experts recognize this text as a foundational resource for policy-makers and administrators navigating the intersection of economics and education. Readers frequently note the academic rigor of the authors' approach to evaluating complex systemic reforms.