Monday, October 03, 2005

A bit of 6th grade econ

I was tutoring my 11 year-old neice in math tonight, and she said, "Math's always been my worst subject, ever since I was a little kid." I explained to her that schools don't pay math teachers enough, so people who are good at math go to work at companies that pay them better, and kids get stuck with teachers who don't care that much about math. My neice thought for just a second, and said, "That's stupid, because later companies won't have anyone to hire, because nobody will be good at math. People should think about that"

From the mouths of babes comes economic wisdom that seems to elude the teacher unions who insist on equal teacher pay, regardless of supply and demand.


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