Rich "education philanthropists" (Bill Gates, the Waltons, the DeVoses, the Sacklers) have had a lot of business-world ideas for "fixing education" over the years, centered on a system of carrots (bonuses for high-testing schools and schools whose students get admitted to top universitites) and sticks (funding cuts for "underperforming" schools), all backed by high-stakes tests and standardized teaching materials. Read the rest