On the Colbert Report, the guest was Roland Fryer. Fryer is an economics professor. He has noticed that black students are the lowest minority gaining an education. So he has applied his economics into society. Basically, use the free market to encourage kids to study as an incentive. In other words, if the students get good grades, pay them money. This is for everyone, and so far it’s been implemented in Chicago, Washington D.C., and New York. Fryer’s website is here. In fact, you can see the whole Colbert interview here for the whole context.
It’s a radical concept, but it may work. I have my views on it, although it’s still developing. But I wanted to see what everyone else thought before I express my views.