The American K12 education system has long been seen as centralized and rigid. The 1990s saw the emergence of several changes, which arguably pushed it in a potentially more polycentric, localized direction. Many school choice policies have developed since then, and a large amount of research has been conducted on these trends in American education since 1991. Just prior to these changes, in 1991, Davis and Ostrom published ‘A Public Economy Approach to Education: Choice and Co-Production’. That work sought to examine the extent of co-production in American schools to that time, and the extent to which the system was polycentric. This paper seeks to use Davis & Ostrom’s framing and to update their work in the current context. U.S. education policy has generally become more decentralized during this time, but not consistently. This paper also finds that U.S. education policy and practice has in fact developed along several of the lines Davis & Ostrom predicted.