Earlier quoted context omitted.
How redistributive were public schools 100 years ago, when they were almost exclusively paid for by local taxes within communities where people had very similar levels of income, and when education spending as a share of GDP was miniscule compared to today? I would argue that the harm of redistribution has historically been more than counterbalanced by the accelerating rate of technological innovation, but that the l…
Subsidizing education is absolutely not redistribution of wealth! It is an investment. Giving a child a good education increases that child's lifelong income, some of which is taken as tax, which can mean putting money into education can result in a profit over time. This is especially true when you consider that giving a child a good education decreases their likelihood of having to live on welfare or unemployment.…
If it's truly an investment, we could let the student loan market handle it, since the returns (in increased income) exceed the costs.
As for social benefits, I believe the negative effect of encouraging people to have children when they're not capable of personally supporting them, and of reducing the incentive to be productive, outweighs the positive ones.
Before the era of government education, the level of education in society was improving steadily. I don't see history suggesting that society, left to voluntary relationships and income distribution, enters into a downward spiral.