- "What Freakonomics did in raising our collective economic literacy, this book does for the economics of schooling." -Kate Walsh, President, National Council on Teacher Quality
Tag Archives: Eric Hanushek
Welcome to the Profit of Education website. Continuing the conversation begun in the book Profit of Education, we discuss the latest economic evidence on education reform.
Eric Hanushek puts together the numbers on the dollar gain from improved teacher quality in “The Economic Value of Higher Teacher Quality,” forthcoming in the Economics of Education Review. Said simply, students who learn more–earn more. Let me give you a very … Continue reading
Here’s another great quote from Eric Hanushek. He responds to the question “What is the current relationship between resources and outcomes in education?” Very, very small to negligible. In some places, you put money in and you get results. In … Continue reading
McKinsey & Company make an interesting computation of how much our mediocre education system costs us. Their estimate (based in part on work by Eric Hanushek and Ludger Woessmann) is that if the U.S. matched the achievement levels of Finland … Continue reading
In Profit of Education I wrote “Beginning teachers are really lousy on average.” That’s true, but it’s not very nuanced. Luckily Eric Hanushek read an early draft and gave me a good quote that I worked into a footnote, “A good teacher … Continue reading
Here’s breaking news on a study of high achieving math students. The bad news: America doesn’t stack up well to the competition. Eric Hanushek, Paul Peterson, and Ludger Woessmann released a new study late yesterday that does something a little unusual. … Continue reading