The U.S. education system gets decent value for money

Noah Smith, Bloomberg economist type, on the conservative lie that public education is a waste of money. (Except he’s polite and calls it a “myth”.)

«There are three basic facts that, taken together, demonstrate that we get pretty good value for our money:

1. Our education system produces generally above-average results.

2. Our education system doesn’t really cost a lot.

3. Spending more on public schools pretty reliably improves outcomes.

Let’s go through the evidence for each of these facts.

And off he goes.

(Probably paywalled, but generally worth the money, so cough up, comfortable people.)

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