Class Clowns : : How the Smartest Investors Lost Billions in Education / / Jonathan A. Knee.
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...
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Knee, Jonathan A., author. aut http://id.loc.gov/vocabulary/relators/aut Class Clowns : How the Smartest Investors Lost Billions in Education / Jonathan A. Knee. New York, NY : Columbia University Press, [2016] ©2016 1 online resource (288 p.) text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Columbia Business School Publishing Frontmatter -- Contents -- Acknowledgments -- Introduction -- Chapter One The Wizard of Ed -- Chapter Two Rupert and the Chancellor: A Tragic Love Story -- Chapter Three Curious George Schools John Paulson -- Chapter four Michael Milken: Master of the Knowledge Universe -- Chapter Five What Makes a Good Education Business? -- Chapter Six Lessons from Clown School -- Notes -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star 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. Issued also in print. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022) Education Economic aspects Case studies. Education Finance Case studies. Investments Case studies. BUSINESS & ECONOMICS / Education. bisacsh Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2016 9783110638578 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2016 9783110485103 ZDB-23-DGG Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2016 9783110485158 ZDB-23-DBV print 9780231179287 https://doi.org/10.7312/knee17928 https://www.degruyter.com/isbn/9780231543330 Cover https://www.degruyter.com/document/cover/isbn/9780231543330/original |
language |
English |
format |
eBook |
author |
Knee, Jonathan A., Knee, Jonathan A., |
spellingShingle |
Knee, Jonathan A., Knee, Jonathan A., Class Clowns : How the Smartest Investors Lost Billions in Education / Columbia Business School Publishing Frontmatter -- Contents -- Acknowledgments -- Introduction -- Chapter One The Wizard of Ed -- Chapter Two Rupert and the Chancellor: A Tragic Love Story -- Chapter Three Curious George Schools John Paulson -- Chapter four Michael Milken: Master of the Knowledge Universe -- Chapter Five What Makes a Good Education Business? -- Chapter Six Lessons from Clown School -- Notes -- Index |
author_facet |
Knee, Jonathan A., Knee, Jonathan A., |
author_variant |
j a k ja jak j a k ja jak |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Knee, Jonathan A., |
title |
Class Clowns : How the Smartest Investors Lost Billions in Education / |
title_sub |
How the Smartest Investors Lost Billions in Education / |
title_full |
Class Clowns : How the Smartest Investors Lost Billions in Education / Jonathan A. Knee. |
title_fullStr |
Class Clowns : How the Smartest Investors Lost Billions in Education / Jonathan A. Knee. |
title_full_unstemmed |
Class Clowns : How the Smartest Investors Lost Billions in Education / Jonathan A. Knee. |
title_auth |
Class Clowns : How the Smartest Investors Lost Billions in Education / |
title_alt |
Frontmatter -- Contents -- Acknowledgments -- Introduction -- Chapter One The Wizard of Ed -- Chapter Two Rupert and the Chancellor: A Tragic Love Story -- Chapter Three Curious George Schools John Paulson -- Chapter four Michael Milken: Master of the Knowledge Universe -- Chapter Five What Makes a Good Education Business? -- Chapter Six Lessons from Clown School -- Notes -- Index |
title_new |
Class Clowns : |
title_sort |
class clowns : how the smartest investors lost billions in education / |
series |
Columbia Business School Publishing |
series2 |
Columbia Business School Publishing |
publisher |
Columbia University Press, |
publishDate |
2016 |
physical |
1 online resource (288 p.) Issued also in print. |
contents |
Frontmatter -- Contents -- Acknowledgments -- Introduction -- Chapter One The Wizard of Ed -- Chapter Two Rupert and the Chancellor: A Tragic Love Story -- Chapter Three Curious George Schools John Paulson -- Chapter four Michael Milken: Master of the Knowledge Universe -- Chapter Five What Makes a Good Education Business? -- Chapter Six Lessons from Clown School -- Notes -- Index |
isbn |
9780231543330 9783110638578 9783110485103 9783110485158 9780231179287 |
genre_facet |
Case studies. |
url |
https://doi.org/10.7312/knee17928 https://www.degruyter.com/isbn/9780231543330 https://www.degruyter.com/document/cover/isbn/9780231543330/original |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
338 - Production |
dewey-full |
338.4337 |
dewey-sort |
3338.4337 |
dewey-raw |
338.4337 |
dewey-search |
338.4337 |
doi_str_mv |
10.7312/knee17928 |
oclc_num |
965738861 |
work_keys_str_mv |
AT kneejonathana classclownshowthesmartestinvestorslostbillionsineducation |
status_str |
n |
ids_txt_mv |
(DE-B1597)478160 (OCoLC)965738861 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2016 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2016 Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2016 |
is_hierarchy_title |
Class Clowns : How the Smartest Investors Lost Billions in Education / |
container_title |
Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2016 |
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