Imo this is related to value provided. It’s why an excellent tutor can make serious money and be hired by wealthy families to teach kids. Good teaching is a sca

Imo this is related to value provided. It’s why an excellent tutor can make serious money and be hired by wealthy families to teach kids. Good teaching is a scarce resource. Many (most?) teachers are bad and the existing incentives don’t require them to be good. It’s hard to fire them and public schools have issues which limit selection and competition. Perhaps harsh, but some of the dimmest people I knew in highschool became teachers and some of the meanest adults I’ve ever interacted with were teachers too. Obviously great outliers exist, but I’m skeptical they’re the norm. Most jobs that have high demand, real evaluation of skill, and limited supply of people that can do it well (for whatever reason) pay well in capitalist markets. The exception I can think of would be something like social work, where demand is high, costs are high and it’s mostly government funded.