One thing I've learned to do in trying to understand school finance is watch out for big pools of capital. Wherever there are pools of capital, there are possibilities, power, and struggle. One example is pools of municipal revenue from taxes on property, sales, and income. The more a state can generate there, the more it can do. Another are teachers pensions, which are huge pools of capital that invest in all manner of things we might not associate with nice old retired teachers getting their pension checks (like
The politics of reserves
The politics of reserves
The politics of reserves
One thing I've learned to do in trying to understand school finance is watch out for big pools of capital. Wherever there are pools of capital, there are possibilities, power, and struggle. One example is pools of municipal revenue from taxes on property, sales, and income. The more a state can generate there, the more it can do. Another are teachers pensions, which are huge pools of capital that invest in all manner of things we might not associate with nice old retired teachers getting their pension checks (like