The relationship between education and organizational financial efficiency can be described as tense and ambiguous. Therefore, issues of educational leadership inspired by models stemming from the business sector are currently hardly dealt with. Consequently, not much attention has been given to findings from the field of Business Financial…

The normative elements underlying efficiency are more complex than generally portrayed and rely upon ethical frameworks that are generally absent from classroom discussions. Most textbooks, for example, ignore the ethical differences between Pareto efficiency (based on voluntary win-win outcomes) and the modern Kaldor-Hicks efficiency used in…

One of the ultimate goals of policy makers is to enable citizens to take advantage of a globalised world economy. This is leading them to focus on the improvement of education policies, ensuring the quality of service provision, a more equitable distribution of learning opportunities and stronger incentives for greater efficiency in schooling.…

The United States currently spends a good deal more on education per student than most industrialized nations, yet testing shows that achievement has not kept pace with spending. Nevertheless, school administrators continue to press for greater federal spending and claim that reforms cannot be implemented otherwise.