“The upshot is that to send its children to a school of even average quality, a family must outbid half of other similar families who are pursuing the same goal. And that's become dramatically more expensive because of the growth in median house size, which was in turn caused by higher spending at the top.” ChildrenSchoolTurnsHouseGoalGrowthHalfQualityHigherAverageSizeSpendingExpensiveMedian Author:Bob Frank
“In the long run, greater investment would mean greater productivity and income growth.” MeanLongRunningGrowthGreaterInvestmentProductivityIncomeLong Runs Author:Bob Frank