Improving School Performance While Controlling Costs

Eric A. Hanushek
William J. Fowler, Jr.
Published Date
Developments in School Finance, 1995
pp. 111-122
The production of school reform reports is a big business in the United States. The current trend of reform was started by A Nation at Risk, the 1983 official government report that detailed the decline of America’s schools. Since then, new reports have been institution not to have its own report and position on reform. Yet, it is startling how little any of the reform reports, and the reform movement itself, draw upon economic principles in formulating new plans.