With L.A. school officials constantly complaining about funding shortfalls, the State of California seemingly in perpetual financial crisis, and federal lawmakers assuming that school districts have poor facilities due to lack of funds, this little number really makes you think: Does any district really need a $232 million art-school building equipped with, among other things, “floor-to-ceiling windows with motorized blackout shades….an outdoor atrium for firing Japanese raku pottery” and “a conical library whose dazzling interior swirls upward to an off-center skylight”? Probably not, and it really makes it hard to keep tolerating the incessant public-schooling complaints about woeful underfunding. Neither the broad data (see Indicator B1), nor such anecdotal evidence as the far-too-mundanely named Central High School No. 9, support the claim.
Featuring Benjamin H. Friedman, Research Fellow in Defense and Homeland Security Studies, Cato Institute; Spencer Ackerman, Senior Writer, WIRED Magazine; and Julian Sanchez, Research Fellow, Cato Institute; moderated by Laura Odato, Director of Government Affairs, Cato Institute.
Featured PublicationWe are grateful to the Harry and Lynde Bradley Foundation and the Carthage Foundation whose support of the October 2012 Cato Conference “Europe’s Crisis and the Welfare State: Lessons for the United States” made possible this special issue of the Cato Journal.
May 23, 2013
May 23, 2013
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More Bang for Your Buck
The Cato Institute tops a new measure of think tank performance in the United States, according to a recent report. Cato bested all other U.S. think tanks in the main category of “Aggregate Profile per Dollar Spent.” “I’m grateful to the Center for Global Development for showing that Cato gives its sponsors something I wish government gave more of to taxpayers: bang for the buck,” said Cato CEO John Allison.