TERRY MOE MADE his name in the early 1990s when, with John Chubb, he co-authored a much-discussed book arguing for a system of publicly-funded private school vouchers. The central thesis of Politics, Markets and Americaâ??s Schools was that â??direct democratic controlâ? of public education was â??incompatible with effective schooling.â? Chubb and Moe argued that private school vouchers would create efficient markets in education, and that â??choice is a panacea.â?
