Despite years of effort, internal reform of public schools has produced only limited success. In Can Teachers Own Their Own Schools?, Richard Vedder presents a bold plan in which teachers, administrators and others in the educational process would become the owners of schools. Privatized public schools would benefit from competition, market discipline, and the incentives essential to produce cost-effective, educational quality, and attract the additional funding and expertise needed to revolutionize school systems and foster vibrant communities with increased parental involvement and the innovation and efficiency essential to produce educational excellence.