Public education apparently has a bad case of Baumol’s Disease
It has always amazed me that most people think public education is underfunded even though Ontario spends more than $11,000 per student, but I suppose this is due to things like the teachers' unions' brilliant propaganda campaigns and the fact that a lot of the money gets creamed off before it reaches the classroom.
In this connection, Dr. Matthew Ladner has started an interesting blog series on Baumol's Disease - "the tendency of labor-intensive organizations to become more expensive over time but not any more productive". First blog. Second blog. If you're interested in more on this, you'll have to keep checking back to the edfly blog.
The bottom line so far: "So, in summary, the world is getting better and cheaper while American K-12 education has been getting much more expensive with precious little to show in the way of improved learning. Disadvantaged students are the primary victims of this productivity implosion in K-12, and will be the primary beneficiaries once we reverse the trend."




Share this article