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This award-winning book “skillfully blends economic and political analysis” to assess the challenges of urban governments (Emmett H. Buell, Jr., American Political Science Review). Winner of the Woodrow Wilson Foundation Award for the best book published in the United States on government, politics, or international affairs Many simply presume that a city’s politics are like a nation’s politics, just on a smaller scale. But the nature of the city is different in many respects—it can’t issue currency, or choose who crosses its borders, make war or make peace. Because of these and other limits, one must view cities in their larger socioeconomic and political contexts. Its place in ...
What is the price of federalism? Does it result in governmental interconnections that are too complex? Does it create overlapping responsibilities? Does it perpetuate social inequalities? Does it stifle economic growth? To answer these questions, Paul Peterson sets forth two theories of federalism: functional and legislative. Functional theory is optimistic. It says that each level of the federal system is well designed to carry out the tasks for which it is mainly responsible. State and local governments assume responsibility for their area's physical and social development; the national government cares for the needy and reduces economic inequities. Legislative theory, in contrast, is pess...
In this book Peterson interprets the history of American schools by placing major educational reformers in the context of their times and relates their thinking to our own era by scrutinizing the often unanticipated consequences of their commitments and ideas. These extraordinary individuals provided the critical ideas and articulated the ideals that motivated many others to search for ways to save the schools from the limitations in which they were embedded: Horace Mann, John Dewey, Martin Luther King, Al Shanker, William Bennett, and James S. Coleman. The drive to centralize was pervasive despite repeatedly expressed reform desire to customize education. Peterson argues that education has become an increasingly labor intensive industry that must reverse direction and become more capital intensive or it will descend in quality. Fortunately, technological change is making it possible radically alter the way in which education services are delivered, providing a new chance to save our schools.
Commodity Derivatives: A Guide for Future Practitioners describes the origins and uses of these important markets. Commodities are often used as inputs in the production of other products, and commodity prices are notoriously volatile. Derivatives include forwards, futures, options, and swaps; all are types of contracts that allow buyers and sellers to establish the price at one time and exchange the commodity at another. These contracts can be used to establish a price now for a purchase or sale that will occur later, or establish a price later for a purchase or sale now. This book provides detailed examples for using derivatives to manage prices by hedging, using futures, options, and swap...
This volume brings together the most current empirical research on two important innovations reshaping American education today-voucher programs and charter schools. Contributors include the foremost analysts in education policy. Of specific significance is cutting-edge research that evaluates the impact of vouchers on academic performance in the New York City, Washington, D.C., and Dayton, Ohio, school systems. The volume also looks beyond the American experience to consider the impact of market-based education as pioneered by New Zealand. Contributors also take stock of the movement's effects on public schools in particular and public opinion at-large. With thorough summaries of the existi...
This book examines the likely promise and pitfalls of many of the most controversial forms of school choice as well as the introduction of greater competition into the recruitment and compensation of teachers and principals. In a group of essays originally published in Education Next: A Journal of Opinion and Research, these essays paint the picture of an education landscape that will be greatly shaped by choice and competition in the 21st century. Visit our website for sample chapters!
The 2002 No Child Left Behind Act is the most important legislation in American education since the 1960s. The law requires states to put into place a set of standards together with a comprehensive testing plan designed to ensure these standards are met. Students at schools that fail to meet those standards may leave for other schools, and schools not progressing adequately become subject to reorganization. The significance of the law lies less with federal dollar contributions than with the direction it gives to federal, state, and local school spending. It helps codify the movement toward common standards and school accountability. Yet NCLB will not transform American schools overnight. The first scholarly assessment of the new legislation, No Child Left Behind? breaks new ground in the ongoing debate over accountability. Contributors examine the law's origins, the political and social forces that gave it shape, the potential issues that will surface with its implementation, and finally, the law's likely consequences for American education.
The voucher debate has been both intense and ideologically polarizing, in good part because so little is known about how voucher programs operate in practice. In The Education Gap, William Howell and Paul Peterson report new findings drawn from the most comprehensive study on vouchers conducted to date. Added to the paperback edition of this groundbreaking volume are the authors' insights into the latest school choice developments in American education, including new voucher initiatives, charter school expansion, and public-school choice under No Child Left Behind. The authors review the significance of state and federal court decisions as well as recent scholarly debates over choice impacts...
Was school reform in the decades following the Civil War an upper-middle-class effort to maintain control of the schools? Was public education simply a vehicle used by Protestant elites to impose their cultural ideas upon recalcitrant immigrants? In The Politics of School Reform, 1870-1940, Paul E. Peterson challenges such standard, revisionist interpretations of American educational history. Urban public schools, he argues, were part of a politically pluralistic society. Their growth—both in political power and in sheer numbers—had as much to do with the demands and influence of trade unions, immigrant groups, and the public more generally as it did with the actions of social and econom...