A quarter century ago, A Nation at Risk shook the country and energized two education reform movements: school choice, and government‐​driven standards and accountability. For years, proponents of these reforms coexisted, even cooperated, but rifts have begun to appear. “Instructionists” now argue that markets without government standards are doomed to fail, while market reformers assail government standards as futile and anti‐​competitive. Please join our panelists as they debate the role of these reforms in fixing American education, 25 years after A Nation at Risk.