November 21, 2006

The figure is somewhat lower than the $4.7 billion the Campaign for Fiscal Equity was seeking, but once you buy into the principle of empowering judicial Robin Hoods to exert control over matters once wisely left to local authority, it's really just a matter of degree (more on school-finance litigation). More: my Manhattan Institute colleague E.J. McMahon takes a more favorable view of the new ruling, and David Bernstein comments at Volokh Conspiracy.