Money Matters

As someone who came to education policy through the financial side of things, Eric Hanushek has always loomed as outsized figure on the policy landscape. From the perspective of those--like myself--who are left-leaning politically and who favor aggressive measures to correct education funding disparities, Hanushek has always been Bad Guy #1, the person who laid the intellectual foundation for the arguments, widely repeated by conservatives and states defending their school funding systems in court, that "money doesn't matter" in education.

I didn't buy a lot of those arguments then, and still don't, as you can see in the review I've written of Hanushek's recent edited volume on education lawsuits, Courting Failure. But I've come to appreciate the value of Hanushek's perspective on things--somebody needs to ask hard questions and tell uncomfortable truths about the way school districts spend money. As I found when I interviewed Hanushek last year, he's a smart, thoughtful person whose arguments are richer and more complicated than they're sometimes made out to be.