American economist and historian Amity Shlaes is well-known for her writings on economic history, with a special emphasis on the Great Depression. She frequently provides advice on how people and organizations can adjust to difficult times and still make valuable contributions to society.

Shlaes regularly examines the effects of innovation in a variety of fields, including education, in her writings and speeches. One of her most noteworthy remarks emphasizes the important contribution that various school kinds make to the expansion of the education market overall. This viewpoint holds that both public schools striving for greater accessibility and esteemed private institutions help to increase the quantity and effectiveness of educational opportunities.

Shlaes makes a comparison to Mark Zuckerberg and his economic impact as a result of founding Facebook. Similar to how Zuckerberg's invention has benefited people who do not actively use the platform financially, various schools enhance the education market in ways that benefit everyone, whether they are beneficiaries or direct participants.

Consider a busy marketplace with a variety of goods and services offered by vendors to further demonstrate this point. By offering distinctive products and drawing in a wide spectrum of clients, each vendor helps to make the market as a whole more lively and effective. Similar to this, schools, regardless of their standing or nature, add something special to the educational landscape that benefits all parties.

Shlaes emphasizes her view that diversity in educational institutions is crucial for promoting innovation, efficiency, and systemic growth by drawing a comparison between education and a growing marketplace.