Looking back on the history of school turnaround efforts, the first and most important lesson is the “Law of Incessant Inertia.” Once persistently low performing, the majority of schools will remain low performing despite being acted upon in innumerable ways.
They should look forward to a time, and that not a distant one, when a corruption in this, as in the country from which we derive our origin, will have seized the heads of government, and be spread by them through the body of the people; when .Thomas Jefferson, , 1784 [color added]
By Published in News on April 18, 2017 9:57 AM
A small number of progressive leaders of major urban school systems are using school closure and replacement to transform their long-broken districts: Under Chancellor Joel Klein, New York City has closed nearly 100 traditional public schools and opened more than 300 new schools. In 2004, Chicago announced the Renaissance 2010 project, which is built around closing chronically failing schools and opening 100 new public schools by the end of the decade.
Rents are the easiest kind of income.
Capital value in the person ("human capital") comes from natural endowments (talent, intelligence), upbringing (honesty, conscientiousness, reliability, etc.), and education (training and knowledge).
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Despite this evidence, some continue to advocate for improved turnaround efforts. Nancy Grasmick supports recognizing turnarounds as a unique discipline. Frederick Hess and Thomas Gift have argued for developing school restructuring leaders; Bryan Hassel and Emily Ayscue Hassel have recommended that states and districts “fuel the pipeline” of untraditional turnaround specialists. NewSchools Venture Fund, the Education Commission of the States, and the research firm Mass Insight have offered related turnaround strategies.
The theory of rent-seeking began with the economist Gordon Tullock.
Most of this belongs to people before they ever go to work, but employers may invest in workers further through on the job training or additional education.
The rent comes from the "ownership" of the monopoly market.
The company promises that the information will help develop tools to will help students succeed and save schools time and money. But inBloom’s says that it “cannot guarantee the security of the information stored in inBloom or that the information will not be intercepted when it is being transmitted” to third party vendors.”
The essential point is about the distribution of costs and benefits.
Capital intensive work means higher skills, higher productivity, higher wages, and so a smaller, wealthier work force to produce a given amount of goods.