And so, and what kind of magnitude are we talking about here? Great question. It was all centered around the price of an Xbox at the time. So in fourth grade, you could make up to $250 per year in New York. And in seventh grade, you can make up to $500. It's real money. It's not like a. It's real quarter.
The good news about educational reform, says Harvard economist Roland Fryer, is that we know what it takes to turn a school around. The bad news is that it's hard work--and implementing it won't win you any popularity contests. Listen as the MacArthur Genius Award Winner and John Bates Clark medalist speaks with EconTalk host Russ Roberts about how pizza parties revealed the potential of incentives to improve students' test scores, and why he's far more concerned about closing the racial achievement gap than keeping the love of learning pure. He also discusses the five best practices of successful schools, and why it's his failures far more than his successes that keep him in this fight.