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Why should paying teachers be considered good in itself? Are you familiar with the First and Second Welfare Theorem in economics?
by QuantumChaos 12y ago
Why should paying teachers be considered good in itself? Are you familiar with the First and Second Welfare Theorem in economics?
- Avshalom 12y agoOne the one hand it shouldn't. On their other hand it is bizarre to come into a thread about how teachers aren't getting paid despite school costs rising and present as an alternative paying teachers even less. On the gripping hand I'm not entirely sure what you think the welfare theorems have to do with this but its worth remember that they do not and quite likely cannot actually describe reality.
- DennisP 12y agoThe article wasn't just about the poor teachers. It also complained that students aren't getting value for their money. But my main point is this: given that good competition exists, if colleges don't fix this quality issue, enrollment will drop and the situation for their teachers will keep getting worse. (But professors at Coursera could get paid well for their efforts, if Coursera ends up with an effective business model.)