4 ms·
That's fair. Teaching provides immense non-monetary rewards for people who have the temperament and ability to achieve them. (It also provides non-monetary rewa
by eszed 3y ago
That's fair. Teaching provides immense non-monetary rewards for people who have the temperament and ability to achieve them. (It also provides non-monetary rewards for people with toxic and authoritarian personality traits, but that's kind of a separate issue.) The educational system continues to run (to the extent that it continues to run) because it takes (economic) advantage of people's idealism.
Education isn't the only sector that does that. Medicine has become that, as well. OSS would be a tech-related example.
Some years ago I read a piece, only partly tongue in cheek, by an economist who posited that rates of pay are inversely correlated with the good any particular job does for humanity. I see that observation regularly confirmed.