Karl Denninger Takes on Education

Two words Mr. Denninger. Right On.

Denninger takes on the Education establishment (racket?) with an excellently written and researched post.

If you're a teacher or other "educator" and tell me this can't be done, I'll take you on. You sign over to a company I set up the total amount you get from the state for each kid, I'll run the place as noted above, and I get to keep the excess funds (that's called "profit", which is my motive to do it.) I have only one condition - I get written into law protection against unionization, just as you have your unions, I'm going to be free from them. And I get to set my own school policies with regard to instruction, qualification to teach and discipline, consistent with state law (that is, the staff cannot assault the students, obviously.) This is part of the experiment - the place runs exactly as above with no interference - including interference by organized labor and other socialist bull****.

If, five years hence, I don't beat the pants off your school district's academic achievement on balance, as determined by nationalized standard testing (E.g. ACT or SAT scores for High Schoolers - not state-specific ones that a school can teach to) I'll give all the profit I earned doing it back to the state and you can declare victory. If I can't outperform you I don't deserve a nickel for my five years of labor, and I won't keep it. We'll write into the contract.

But if I do beat your academic achievement, you, and every one of the employees in your school, is fired, the district buildings and land are sold off to private interests, the money that is no longer going to be wasted is returned to the taxpayers in the county, and your pension funds and all other forms of deferred cost that you and your cronies stole from the taxpayers for your sub-standard and ridiculously overpriced underperformance are returned to the people as unearned plunder.

The entire article, including numbers and arguments to support his conclusion above, is available at this link. I'd support this approach in Texas in an instant. It's about time we started applying the scientific method to our Governance. It's obvious the current system is NOT working.