I am curious to see what my students think of this. But before I get to it, here are links to stories about "Obamanomics" (which also have some info on McCainonomics, I guess).
New York Times
Here is the link to the Wall Street Journal article on the studying issue and its intro. I also have a link to another story about this in case anyone can't get into the WSJ link.
When Schools Offer Money As a Motivator
"More and more school districts are banking on improving student performance using cash incentives -- a $1,000 payout for high test scores, for example. But whether they work is hard to say.
In the latest study of student-incentive programs, researchers examining a 12-year-old program in Texas found that rewarding pupils for achieving high scores on tough tests can work. A handful of earlier studies of programs in Ohio, Israel and Canada have had mixed conclusions; results of a New York City initiative are expected in October. Comparing results is further complicated by the fact that districts across the country have implemented the programs differently."
Pay for grades — does it work?