When it comes to improving school quality, how funds are spent is even more important than how much. Unfortunately, we don’t have a good model for spending public education dollars efficiently and effectively. From what we do know, such a model would have a strong accountability system with incentives and direct rewards for successful performance, empowered local decision making by schools and parents, and an ongoing information and evaluation system.

About the Author

Eric Hanushek, the Paul and Jean Hanna Senior Fellow at the Hoover Institution, is internationally recognized for his economic analysis of educational issues. Corecipient of the 2021 Yidan Prize for Education Research, he has authored or edited twenty-six books. He is a distinguished graduate of the US Air Force Academy and completed his PhD in economics from MIT.


8. Fixing Schools through Finance by Hoover Institution on Scribd

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