It comes straight out of the school of public-choice economics, which says that the public sector seeks power in the same way that private companies do.

FORBES: Magazine Article

The education establishment is a confirmation of the public choice approach to economics for which James Buchanan was recently awarded the Nobel prize.

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And it might have been more accurate (though duller) to call it applied public-choice economics, rather than to come down with a touch of third-way syndrome (not this, not that, but something quite new and wonderful).

ECONOMIST: Economics focus: The grabbing hand | The