In this book, Brian Baugus examines home schooling as an education enterprise, arguing that successful home school families have the same characteristics and motivations as entrepreneurs. Baugus examines the history and economic theories behind home schooling to explain the rational decision-making that motivates home schooling endeavors, examining dissatisfaction with mainstream education, expectations of return on investment, and resistance from established providers.
Brian Baugus is associate professor of economics at Regent University.
Chapter 1: A Brief History of Home Schooling in the United States
Chapter 2: The Problem with the Public-School System
Chapter 3: Entrepreneurship Theory and its Application to the Home School Family
Chapter 4: Entrepreneurship in Education: What Home Schools Do
Chapter 5: Home School Investments and Profits
Chapter 6: Leviathan Grows Restless
Chapter 7: So What Happens Next?
Almost no one thinks American education, especially public education, is as good as it could and should be. The problem, as Brian Baugus explains using economic analysis, is that competing constituencies have competing incentives. Baugus’ fascinating economic study of homeschooling gives us grounds for hope. As more and more people opt to homeschool, they exert pressure on the system as a whole, much as alert entrepreneurs can introduce creative destruction in a stagnant market. Homeschooling need not be an opt-out. It may be an option that benefits not only homeschooled students, but also, by disrupting a bad but stable equilibrium, benefits all students.