The New Limits of Education Policy : Avoiding a Tragedy of the Commons

Using a political economy framework to analyze the current problems facing US postsecondary education, the New Limits of Education Policy tackles the questions surrounding the future of higher education. the study provides an explanation of why improvement of teaching and learning is not a high priority for the stakeholders involved. Roger Benjamin explains why heightened recognition by the State of the importance of human capital in the knowledge economy will create the external conditions that will, in turn, create the need for an altered incentive system for these stakeholders. He goes on to make a case for additional positive incentives that would reward behavior that improves teaching and learning.