Interesting article from School Finance 101 blog.
http://schoolfinance101.wordpress.com/2010/09/20/if-mon... /
"Then why do venture philanthropists continue to throw money at charter schools while throwing stones at traditional public schools?
Charter school backers like Whitney Tilson love to throw stones at public schools while throwing money at charter schools. Here’s one of his presentations:
http://www.tilsonfunds.com/Personal/TheCriticalNeedforG... On Slide 13, Whitney Tilson opines that increased spending on public education has yielded no return to outcomes over time, and therefore, by extension, increased spending would not and could not help public schools in the future. Tilson is featured prominently in this New York Times article on affluent fund managers in NYC rallying for charter schools:
http://www.nytimes.com/2010/05/10/nyregion/10charter.ht... So, here we have one of many prominent New York City charter school supporters on the one hand arguing that throwing more money at the public school system could not possibly help that system, but on the other hand, providing substantial financial assistance to charter schools (or at least participating in and promoting groups that engage in such activity)?"