Originally Posted by MegMeg
Dude, I'm not sure what your point is. I never disputed that *some* places are awful.

Disclaimer: Dude, please feel free to correct me if I'm misinterpreting you.

MegMeg, I think Dude is highlighting the problem of asymmetric information in making a preschool selection. In a heterogeneous market, all facilities have an incentive to market themselves under a friendly banner. Without search costs becoming prohibitively high in many locations, parents can't reasonably know what kind of preschool they are visiting, even if everyone is accredited, etc. There is simply too much individual variation.

It's a classic Ackerlof's Lemons problem.

What is to give light must endure burning.