Join us on a literary world trip!
Add this book to bookshelf
Grey
Write a new comment Default profile 50px
Grey
Subscribe to read the full book or read the first pages for free!
All characters reduced
Class Clowns - How the Smartest Investors Lost Billions in Education - cover

We are sorry! The publisher (or author) gave us the instruction to take down this book from our catalog. But please don't worry, you still have more than 500,000 other books you can enjoy!

Class Clowns - How the Smartest Investors Lost Billions in Education

Jonathan A. Knee

Publisher: Columbia University Press

  • 0
  • 0
  • 0

Summary

The past thirty years have seen dozens of otherwise successful investors try to improve education through the application of market principles. They have funneled billions of dollars into alternative schools, online education, and textbook publishing, and they have, with surprising regularity, lost their shirts.In Class Clowns, professor and investment banker Jonathan A. Knee dissects what drives investors' efforts to improve education and why they consistently fail. Knee takes readers inside four spectacular financial failures in education: Rupert Murdoch's billion-dollar effort to reshape elementary education through technology; the unhappy investors—including hedge fund titan John Paulson—who lost billions in textbook publisher Houghton Mifflin; the abandonment of Knowledge Universe, Michael Milken's twenty-year mission to revolutionize the global education industry; and a look at Chris Whittle, founder of EdisonLearning and a pioneer of large-scale transformational educational ventures, who continues to attract investment despite decades of financial and operational disappointment.Although deep belief in the curative powers of the market drove these initiatives, it was the investors' failure to appreciate market structure that doomed them. Knee asks: What makes a good education business? By contrasting rare successes, he finds a dozen broad lessons at the heart of these cautionary case studies. Class Clowns offers an important guide for public policy makers and guardrails for future investors, as well as an intelligent exposé for activists and teachers frustrated with the repeated underperformance of these attempts to shake up education.
Available since: 11/08/2016.

Other books that might interest you

  • Live the Dream - No More Excuses - cover

    Live the Dream - No More Excuses

    Larry Winters

    • 0
    • 0
    • 0
    At the age of 24, working with his wife at a car wash, Larry Winters was struggling to get by. He decided he needed to make a change for the better, so he seized control of his life and, day by day, built his own business. Along the way, he learned many lessons about sacrifice, personal responsibility, determination and independenceLIVE THE DREAM: No More Excuses, is Winters' inspiring story of his journey from a young man with no ambition to a man in control of his financial destiny. He uses examples from his own life to teach readers how to gain financial freedom for themselves. Most importantly, Winters stresses how self limitation is damaging and holds people back, keeping them from achieving the successful lives they desire. LIVE THE DREAM provides an inspirational blueprint for readers to gain financial freedom, and build their own businesses---to give up excuses and achieve their life goals, all while staying grounded in what really matters: family, friends and faith.Larry Winters' powerful motivational style will have readers ready to seize the day and live their dreams.
    Show book
  • The Power of Purpose - Find Meaning Live Longer Better - cover

    The Power of Purpose - Find...

    Richard J. Leider

    • 0
    • 0
    • 0
    Purpose is fundamental and gives life meaning. It gives us the will not just to live but to live long and well. In this new edition of his best-selling classic, legendary personal coach Richard Leider offers brand-new tools and techniques for unlocking it.
    
    The third edition has been completely revised and updated. In addition to new stories, examples, and resources, it features four new chapters. "Purpose Across the Ages" looks at how purpose can evolve during our lives. "The 24-Hour Purpose Retreat" includes seven mind-opening questions to help you unlock your purpose. "The Purpose Checkup" offers a new tool for periodically evaluating the health of your purpose. And in "Can Science Explain Purpose?", we learn what researchers are discovering about how an increased sense of purpose can improve our health, healing, happiness, longevity, and productivity.
    
    Purpose is an active expression of our values and our compassion for others - it makes us want to get up in the morning and add value to the world. Leider details a graceful, practical, and ultimately spiritual process for making it central to your life. This revitalized guide will help you integrate it into everything you do.
    A Berrett-Koehler audio production.
    Show book
  • Entrepreneur's Impact An - cover

    Entrepreneur's Impact An

    David K. Ewen

    • 0
    • 0
    • 0
    This memoir is a matter of record and a testimony showing that hard work and perseverance driven by passion results in good things. It also includes an understanding that a faith in our God and His Will is incorporated into successful elements of people's lives. David Ewen did not know this in the early stages of his entrepreneurial career, but after nearly a quarter of a century of experience, this has been proven to be evident. This is a discussion of David Ewen's entrepreneurial experience that will shed light on what truly defines success in business without having to become wealthy. The purpose is to show that wealth does not define success. The best way to describe success is when you enjoy what you are doing and are good at it. Every entrepreneur has a parent or a mentor who always says to them I want you to be happy. That is what David's parents said to him and that's what his pastors say to him. David Ewen says that he is happy.
    Show book
  • Let Me Stop You Right There - And 28 Other Lines Every CEO Manager and Supervisor Should Know - cover

    Let Me Stop You Right There -...

    Pamela D. Straker

    • 0
    • 0
    • 0
    Have you ever noticed that great CEOs, managers and other people in charge always seem to know exactly what to say in every situation? Author Pamela Straker, with more than 25 years experience as a mental health and management professional, has. And in Let Me Stop You Right There, she outlines various common scenarios for effective communication with office archetypes: “by-any-means-necessary” overachievers, gossips, office invaders, negativity-mongering complainers, and many more. Chapter-by-chapter, Straker addresses effective means of communication in the workplace with great humor and insight. Each chapter outlines a scenario, proposes the response, or “line,” to bring the discussion to its logical conclusion, and provides an explanation of why these lines work. Whether a CEO, manager, or supervisor, Let Me Stop You Right There is sure to become an indispensable addition to your business library.
    Show book
  • Lean Project Management Volume 1: Managing Business the Lean Way - cover

    Lean Project Management Volume...

    Can Akdeniz

    • 0
    • 0
    • 0
    Research states that almost half of all improvement initiatives fail due to lack of effective leadership. If this is the case, then as business owners the time has never been more prudent to consider how we are managing our businesses and what kind of leadership strategies we have in place. Given that so many industries are littered with failed start-ups and businesses these days, it is clear that more work and investment is needed to develop future leaders. But even with the right leadership in place, which business model does one choose to follow? There are numerous schools of thought and endless business theories on this topic, but one I believe can revolutionize the way in which all of our businesses operate is that of “lean management”. It’s not a new idea, in fact the Japanese have been utilising its power for over sixty years, but it is a concept and a philosophy that we should all take time to understand. But what is exactly is ‘Lean Management’? And what is a ‘Lean Leader’? What makes a ‘Lean Leader’ different from a ‘normal’ leader? These are just some of the questions we’ll be answering within this book. We also want you to: - Understand the variables and factors that have an impact on the overall implication and sustainability of your movement towards a lean path - Identify the main differences between management and leadership styles and behaviours and why going lean could change your business for the better - Recognise that lean principles can be applied to any size business within any industry - Learn how to move towards going completely lean
    Show book
  • The Kingdom Driven Entrepreneur's Guide - Doing Business God's Way - cover

    The Kingdom Driven...

    Shae Bynes

    • 0
    • 0
    • 0
    What would happen in your business if you truly put the King's agenda first?When you are Kingdom Driven Entrepreneur, it is certainly not business as usual. In The Kingdom Driven Entrepreneur's Guide: Doing Business God's Way, Shae Bynes takes you on a transformational journey by revealing the mindset, heart posture, and counter-cultural behaviors of entrepreneurs who desire to thrive in their kingdom business by putting Jesus Christ--The King of kings--and His agenda at the center of their plans. With Bynes' relatable and practical style of biblical teaching, this book will inspire and equip you for an amazing adventure with God that will not only serve others, but also bring glory to Him. Nothing is impossible with God as your Ultimate CEO and business partner.  
    ABOUT THE AUTHOR: Shae Bynes is a passionate storyteller, teacher and mentor whose life and business were completely transformed through the power of encountering the unrelenting love of God. She is Founder and Chief Fire Igniter of Kingdom Driven Entrepreneur, a global movement that helps entrepreneurs experience God's best in business and have a greater Kingdom impact in the marketplace.
    Show book