Corey DeAngelis

You need... No merit pay. So the best teachers leave. The best teachers say, to heck with this. This person across the hall is showing videos all day, and they're getting paid the same, or more than me, just because they've been around the system longer. They reward years of service, not much. I mean... I mentioned earlier that spending has gone up by 164% in real terms since 1970.

Teacher salaries on average have actually only increased by about 3% in real terms. Right, so where's the bulk of the money going? So I think it's also going to pensions and other benefits too, but it's going towards administrative growth. Yeah, yeah. So the same thing that happened at the universities fundamentally. Same in healthcare. Yeah.

Teacher salaries on average have actually only increased by about 3% in real terms. Right, so where's the bulk of the money going? So I think it's also going to pensions and other benefits too, but it's going towards administrative growth. Yeah, yeah. So the same thing that happened at the universities fundamentally. Same in healthcare. Yeah.

Teacher salaries on average have actually only increased by about 3% in real terms. Right, so where's the bulk of the money going? So I think it's also going to pensions and other benefits too, but it's going towards administrative growth. Yeah, yeah. So the same thing that happened at the universities fundamentally. Same in healthcare. Yeah.

Since 2000, we have data on this in the U.S., and we've seen that enrollment for students has increased in this public school system by about 5% since 2000. The number of teachers in the system has increased about twice that rate, by about 10%. Yeah. Administrators have increased by about 95%. Yeah, right.

Since 2000, we have data on this in the U.S., and we've seen that enrollment for students has increased in this public school system by about 5% since 2000. The number of teachers in the system has increased about twice that rate, by about 10%. Yeah. Administrators have increased by about 95%. Yeah, right.

Since 2000, we have data on this in the U.S., and we've seen that enrollment for students has increased in this public school system by about 5% since 2000. The number of teachers in the system has increased about twice that rate, by about 10%. Yeah. Administrators have increased by about 95%. Yeah, right.

Yeah. Yeah, it's become a jobs program for administrators.

Yeah. Yeah, it's become a jobs program for administrators.

Yeah. Yeah, it's become a jobs program for administrators.

administrative bureaucracies that have an unlimited source of funding so they're just going to continue to grow it i don't know what it is five to seven percent a year or something like that and there's actually been four studies on this not a lot but it's what we have it's a really niche area of research that the more private and charter school competition in the area all else equal after they control for all the usual demographic characteristics

administrative bureaucracies that have an unlimited source of funding so they're just going to continue to grow it i don't know what it is five to seven percent a year or something like that and there's actually been four studies on this not a lot but it's what we have it's a really niche area of research that the more private and charter school competition in the area all else equal after they control for all the usual demographic characteristics

administrative bureaucracies that have an unlimited source of funding so they're just going to continue to grow it i don't know what it is five to seven percent a year or something like that and there's actually been four studies on this not a lot but it's what we have it's a really niche area of research that the more private and charter school competition in the area all else equal after they control for all the usual demographic characteristics

the public school teacher salaries slightly go up. And now a lot of people say, oh, that's counterintuitive because it's stealing money from the public schools, they say, which the money doesn't belong to the schools, it's for the kids. But all that aside,

the public school teacher salaries slightly go up. And now a lot of people say, oh, that's counterintuitive because it's stealing money from the public schools, they say, which the money doesn't belong to the schools, it's for the kids. But all that aside,

the public school teacher salaries slightly go up. And now a lot of people say, oh, that's counterintuitive because it's stealing money from the public schools, they say, which the money doesn't belong to the schools, it's for the kids. But all that aside,

because there's also competition, they start to allocate those additional dollars instead of towards administrators, they start to allocate them towards the classroom, towards the teachers, so the teachers who remain actually end up better off. Is that to stop the teachers moving into the private realm?

because there's also competition, they start to allocate those additional dollars instead of towards administrators, they start to allocate them towards the classroom, towards the teachers, so the teachers who remain actually end up better off. Is that to stop the teachers moving into the private realm?

because there's also competition, they start to allocate those additional dollars instead of towards administrators, they start to allocate them towards the classroom, towards the teachers, so the teachers who remain actually end up better off. Is that to stop the teachers moving into the private realm?

Stop them from going to the private sector, stop the kids from going to the private sector, because now there's a monopsony situation and a monopoly situation. Monopsy is a monopoly in the labor market. With the government school system, you want to be a teacher, you basically got to take what they give you.