Tuesday, December 02, 2008

Where Is the But?

An interesting Markets in Everything from Marginal Revolution:

Tom Farber gives a lot of tests. He's a calculus teacher, after all. So when administrators at Rancho Bernardo, his suburban San Diego high school, announced the district was cutting spending on supplies by nearly a third, Farber had a problem...

"Tough times call for tough actions," he says. So he started selling ads on his test papers: $10 for a quiz, $20 for a chapter test, $30 for a semester final.

What does it say about me that as I read this post I was expecting to see something about the teacher going to jail or the school board receiving hundreds of complaints from students or some other anti-market reaction?

I would be willing to take a bet that Mr. Farber will be admonished for his entrepreneurship – any takers?

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