The income limitations quite properly imposed for the occupancy of public housing at subsidized rentals have led to a very high density of “broken” families–in particular, divorced or widowed mothers with children. Children of broken families are especially likely to be “problem” children and a high concentration of such children is likely to increase [...]
Posts Tagged as ‘economics’
March 30, 2009
Competitive Compensation
With respect to teachers’ salaries, the major problem is not that they are too low on the average–they may well be too high on the average–but that they are too uniform and rigid. Poor teachers are grossly overpaid and good teachers grossly underpaid. Salary schedules tend to be uniform and determined far more by seniority, [...]