The Foundation for Educational Choice and the Manhattan Institute recently commissioned a new study to examine the emerging crisis of underfunding public teacher pension plans in the states. The implications for public policy will likely be severe in the coming years. Public funding for K-12 education, and the potential for new reforms hang in the…

A need to better understand the multidimensional nature of disadvantage is leading to the adoption of a wider range of measurement variables. One variable now commonly adopted is zero car ownership. This paper challenges the logic of including "not having a car" as an indicator of disadvantage. It argues that this can distort the real picture of…

The construction of crises is a key analytical and political issue. This paper examines what is at stake in the processes and practices of construction, responding to the arguments made in Andrew Gamble's "The spectres at the feast" (2009). We suggest that there are three areas of critical concern: first, that too little attention has…

Tests of the relationship between economic difficulties and marital distress have generally excluded retirement-aged couples. Given the aging U.S. population and the upcoming retirement of the baby boom cohort, this research gap is problematic. To rectify this omission, this study uses longitudinal data from the National Survey of Families and…

Michigan's School Aid fund increased once more this year, but many school administrators in the state continue to hunt for effective measures to reduce spending due to increased pension costs and phased-out stimulus money. Many options available for trimming costs, such as enacting pay-to-play for sports, are extremely unpopular for districts and…

There is a common belief that economic crisis will lead to a decrease in subjective wellbeing. Previous studies indicate that income is correlated with happiness and unemployment with unhappiness. The relationship between increased income and happiness is well documented while the impact of decreased income has been less explored. The aim of this…

The author shares the story of La-Keya Williams, a junior at Spelman College who has found a donor willing to help her out for the funds she needed to continue her education. Shortly after classes ended last summer, Ms. Williams realized she would have a hard time coming up with the roughly $36,000 needed to pay for her junior year. She took a…

Intimate partner violence (IPV) occurs at disproportionate rates within impoverished groups of women and can include economic abuse as a form of psychological maltreatment. The current study developed a comprehensive assessment of the unique financial issues facing female victims of IPV using a sheltered sample (N = 113). An exploratory factor…

The recent financial crisis brought about dramatic changes in the way that the Federal Reserve, the nation's central bank, conducts monetary policy. One challenge for high school educators going forward will be to strike a balance between the teaching of traditional monetary policy and the teaching of the monetary policy used during these…

In the "age of austerity", educational institutions in many countries are under pressure from a variety of sources to work more closely, reduce costs and raise educational performance. There are a number of possible outcomes that follow on from developing closer institutional ties: sharing of professional expertise through best practice…

States and school districts are facing unprecedented financial pressure due to the continued poor performance of the United States's economy. Dramatic shortfalls in funding due to reduced tax collections were held off for 2 years thanks to federal stimulus funds, but with these revenues already consumed and little likelihood of more in the near…

The lessons learned from the recent financial crisis should significantly reshape the economics profession's thinking, including, importantly, what we teach our students. Five such lessons are that we live in a monetary economy and therefore aggregate demand and policies that affect aggregate demand are determinants of real economic outcomes; that…

Despite nearly universal concern about America's rapidly rising national debt, the United States government was $12.5 trillion in debt by the spring of 2010. Yet, few people--including college and university students--understand why we are in debt, what the many effects and dangers could be, the difficult steps necessary to reduce our deficits and…

Economic crises such as those of 1929, 1973 and 2008 appear to associate with shifts in the rhetorics of management. These dates mark the end of expansionary phases within an economic cycle, and they portend what James O'Connor has called a "fiscal crisis of the state". It is argued, speculatively, that immediately before and after an…

This article critically examines how Asian countries have responded to the global economic crisis which started in late 2008, with particular reference to explore what major coping strategies have been adopted by these Asian governments to continue educational development. This comparative study highlights the significant role of the state in…