An interesting book that is due for publication any day is Smart Money by Jacob Adams. He and his colleagues from a policy perspective ask, “How do you use resources to realize ambitious goals?” Within that question they believe there are four components:
- How much money will it take? – the adequacy question
- Are the resources equitable?
- In state
- Across states – which has never been looked at before
- Are the resources used productively?
- Within the using of resources
- We typically and exclusively have measured compliance within budget categories rather than effectiveness
- But the real question is have we used the resources effectively (On a policy basis, we don’t have much information as NO one has really ever researched this from that perspective)
- Do we account for the resources within the ambitious goals that have been established (did it make a difference?)?
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