Summary: This book is designed as a "building-block" approach to understanding the financing of public schools in the U.S. Each chapter enables students to move from the simple to the complex in a logical, easily understood sequence of concepts and issues. The philosophical and historical basis for financing public schools is presented and integrated with the economic rationale for public investment in education. An up-to-date analysis of the historical and current ...show moreeconomic health of public schools is presented and coupled with an identification of its problems and challenges.
Contains numerous state court decisions that are materially affecting how public school finance operates -- greater depth is provided in this edition with summary charts.
Reflects current thought in human capital and economic development theory. ...show less
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