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I mean, we already have massive teacher shortages. Class sizes keep going up, and many school systems are switching to four day schedules because of staffing i
by monocasa 4y ago
I mean, we already have massive teacher shortages. Class sizes keep going up, and many school systems are switching to four day schedules because of staffing issues.
Not everything can be looked at from a macro econ 101 supply and demand take; the real world is much more complicated than that.
- jacobr1 4y agoSometimes it is more complicated, but in this case the analysis does apply. The problem isn't on the demand side, but on the supply. And one way to increase supply is to charge a higher price, or otherwise compensate (more time off, better work environment, prestige, etc ...) and a big part of the reason we have a teacher shortage is that there aren't enough compensatory incentives.
- monocasa 4y agoSure, my point was more about the parent's analysis of "if you want teachers to be paid more, make less teachers". ie. I'm saying that we don't have to put our hopes in the basket of hoping that economic pressures force higher wages if we make teachers less prevalent; we can simply pay them more.
- giardini 4y agoSupply and demand aren't part of macroeconomics but of microeconomics
- monocasa 4y agoIt's part of both.
- AlgorithmicTime 4y ago[dead]