Eric Alan Hanushek is a Paul and Jean Hanna Senior Fellow at the Hoover Institution of Stanford University. He is an expert on educational policy, and he is often identified as the father of the field of the economics of education. His research spans both the economics of school policy and the impact education on individuals and on economies. Major lines of research have focused on controversial areas of education policy including class size reduction, high stakes accountability, and the importance of teacher quality. He is perhaps best known for the controversial assertion that "money doesn't matter"--that is, he says that the amount of money spent in an American school district is not related to the amount of student learning in that district--and he is often called to testify in court about school funding schemes. Recent research has emphasized the interaction of education and economic growth. Hanushek received his PhD in economics from MIT and is a Distinguished Graduate of the United States Air Force Academy.
Imagine for a moment that a rich, innovative company is looking to draft the best and brightest high-school grads from across the globe without regard to geography. Let’s say this company’s recruiter has a round-the-world plane ticket and just a few weeks to scout for talent. Where should he go?
Our hypothetical recruiter knows there’s little sense in judging a nation like the United States by comparing it to, say, Finland. This is a big country, after all, and school quality varies dramatically from state to state. What he really wants to know is, should he visit Finland or Florida? Korea or Connecticut? Uruguay or Utah?
Winner of the 2004 Fordham Prize for Distinguished Scholarship
The Thomas B. Fordham Prize for Distinguished Scholarship is given to a scholar who has made major contributions to education reform via research, analysis, and successful engagement in the war of ideas.
NBER Profile: Eric A. Hanushek
Eric A. Hanushek is the Paul and Jean Hanna Senior Fellow at the Hoover Institution of Stanford University and a Research Associate of the National Bureau of Economic Research. He is also a Senior Research Associate at the Green Center for the Study of Science and Society of the University of Texas at Dallas.
Born in Lakewood, Ohio, in 1943, Hanushek received his Bachelor of Science degree from the United States Air Force Academy in 1965 and his Ph.D in economics from MIT in 1968. He served in the U.S. Air Force from 1961-74.
Before joining the Hoover Institution in 2000, Hanushek was professor of economics and public policy at the University of Rochester. He joined the University of Rochester faculty in 1978, having taught at Yale University from1975-8, and at the U.S. Air Force Academy from 1968-73. Hanushek's research concentrates on applied public finance and public policy analysis with special emphasis on education issues.
From 1983 through 1985, Hanushek was Deputy Director of the Congressional Budget Office. He was also a Senior Staff Economist at the Council of Economic Advisers (1971-2) and a Senior Economist at the Cost of Living Council (1973-4). Hanushek was president of the Association for Public Policy Analysis and Management in 1988-9, and in 1997 he was selected to be a member of the International Academy of Education.
He and his partner, Macke Raymond, enjoy skiing, squash, and looking after their large yellow dog, Reckless