4 ms·
well, real value of salaries of teachers are plummeting. of course the same thing happens in other hard-to-scale demand-for-quality service sectors (like health
by pas 3y ago
well, real value of salaries of teachers are plummeting. of course the same thing happens in other hard-to-scale demand-for-quality service sectors (like healthcare, but also construction work, where standards simply increased, which have a lot of associated labor, which now cost a lot more due to multiple factors, eg. less immigration, shrinking of the active population - end of the positive effects of the baby boom demographic boost, of course there's also the inescapable Baumol effect).