My belief is that the free market is a self-controlling mechanism that can be applied to education as much as to anything else. You advertise lessons, teachers compete to get a share of the student market and students use their purchasing power either to get into the lessons they like, or to skip classes and spend the cash at the chippie instead, in the full awareness of the future impact this will have on their earning power in the job market. It works very efficiently, and it drives up results because the students are incentivised to remain committed to the course of study they have paid for, since there are no second chances, while the students who would fail are less likely to enrol in the first place.
[Raak] Yes, until he returns the next year, saying: "Local youth violence is a major problem for this school, so let us use the market to find a solution. The children should now be additionally empowered to spend some of their otherwise learning-directed funds on the secure bus to protect them from being attacked on the way home. Those older children who did no lessons last year and who graduated with no employable qualifications are in any case now quite likely to leave for another part of the EU, say, where employment is more plentiful. You see? The market operates optimally to bring about real happiness. All is for the best in this best of all possible worlds."