Ebook: Class Clowns: How the Smartest Investors Lost Billions in Education

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. 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. By contrasting rare successes, he finds a dozen broad lessons at the heart of these cautionary case studies.

A fascinating postmortem of four failed efforts to transform education.