The Political Economy of Education

‘Destined to be a milestone in economics, politics of education, and political economy studies, this powerful handbook provides a comprehensive overview of economic research on education and a profound insight into the political role that education plays in society.’  Patrizio Bianchi, University of Ferrara; chairholder of the UNESCO Chair in Education, Growth and Equality ‘Martin Carnoy has given us a first-rate overview of the key concepts in the economics of education, with a thorough appreciation of the political and institutional contexts in which education policy decisions are implemented both in the US and around the world. What a service to graduate students and their instructors!’ Helen F. Ladd, Susan B. King Professor Emerita of Public Policy and Economics at Duke University’s Sanford School of Public Policy ‘It is nearly impossible to understand education policy without paying attention to its politics. This wonderful book by a world-leading scholar reflects decades of research, teaching, and practice, and masterfully integrates the economics and politics of education. It should be essential reading for students of education.’ Karthik Muralidharan, Tata Chancellor’s Professor of Economics at the University of California San Diego ‘A huge undertaking! Martin’s new book is great testament to the value of interdisciplinary work in helping us understand nuance. For those interested in better understanding the workings of educational systems around the world, or in trying to improve them, this book can help you succeed at both.’ Guilherme Lichand, Stanford Graduate School of Education