The statement 'if money is spent well we will get higher achievement' is tautologically true, but the actual education system doesn't direct money toward productive, achievement-raising uses, so on average more money does not produce more achievement; advocates often cite a scientific study showing a program worked, but schools given extra funding frequently don't adopt that program or implement it poorly.

causalpending

Speaker

Eric Hanushek

Evidence Quote

the system today doesn't direct money to the productive higher achievement kinds of uses as opposed to the other uses

Source

Eric Hanushek on Education and School Finance 07/14/2008EconTalk
Created: 6/17/2026, 10:14:22 AM

My Notes

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