Baker vs. Hanushek
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Bruce Baker
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The two titans of school fiance battle it out in a Reno newspaper:
Many claims that money doesn’t matter stem from a 1986 paper by Eric Hanushek, who examined numerous studies and concluded: “There appears to be no strong or systematic relationship between school expenditures and student performance.”Hanushek, an economic analyst of educational issues at Stanford’s Hoover Institution, told Fact Checker: “To be clear, I have never said that money cannot matter. I have only said that the way we have traditionally spent money has not led to better performance. I would indeed pay good teachers a lot more — but I would