This
paper explains that there is a general trend towards
applying business models to the administration of
education systems; therefore, Bloomberg's large-scale reforms make the New York experiment especially interesting to educators. The author points out that Bloomberg has been stymied by
union contracts because these contracts make it difficult for the innovators to raise teachers' pay, to replace outdated computer systems, or even to build new schools. The paper states that, in applying business principles, education can be criticized as becoming more interested in the fiscal bottom line of the educational 'corporation' than in the needs of the students.