Book Reviews
Helen F. Ladd of Duke University reviews “The Money Myth: School Resources, Outcomes, and Equity” by W. Norton Grubb,. The EconLit Abstract of the reviewed work begins “Examines how inequalities in resources other than money, such as leadership, instruction, and tracking policies, contribute to the deepening divide in the quality and success of American education. Discusses moving beyond money--the variety of educational resources; multiple resources, multiple outcomes--testing the improved school finance with the National Educational Longitudinal Survey of the Class of 1988; when money does matter--explaining the weak effects of school funding; families as resources--the effects of family background and demographic effects; students as resources--the effects of connectedness to schooling; equity and inequality--from static to dynamic conceptions; dynamic inequality--schooling outcomes over time; correcting dynamic inequality in practice--exploring what schools do for low-performing students; making resources matter--implications for school-level practice; supporting the improved school finance--district, state, and federal roles; the implications for litigation of the improved school finance; and the implications for reform--conceptions of schooling and the role of the welfare state. Grubb is Professor and David Gardner Chair in Higher Education at the School of Education, University of California, Berkeley, and Faculty Coordinator of the Principal Leadership Institute. Index.”