Jump to ContentJump to Main Navigation
Class Clowns
Users without a subscription are not able to see the full content.

Class Clowns: How the Smartest Investors Lost Billions in Education

Jonathan A. Knee

Abstract

The past thirty years have seen dozens of otherwise successful investors try to improve education through the application of market principles. They have funneled billions of dollars into alternative schools, online education, and textbook publishing, and they have, with surprising regularity, lost their shirts. In Class Clowns, 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: Rupert Murdoch's billion-dollar effort to reshape e ... More

Keywords: Investing, Chris Whittle, Regulation, Education, Bankruptcy, Competitive Advantage, Rupert Murdoch, Media, Industry Structure

Bibliographic Information

Print publication date: 2016 Print ISBN-13: 9780231179287
Published to Columbia Scholarship Online: January 2019 DOI:10.7312/columbia/9780231179287.001.0001

Authors

Affiliations are at time of print publication.

Jonathan A. Knee, author
Columbia Business School