Friday, August 13, 2010

Short And Long Term Implications Of Syphilis

If a teacher is paid less than a banker, is it because it is less useful?

A very interesting study of Raj Chetty, an economist at Harvard considered the "value created" by a good teacher from a mediocre teacher. The answer: $ 320,000, which is the gain of wages to which the student can claim to be lucky to have a good teacher. Or much that any bonus given to an outstanding teacher in every country in the world

This study points out a fact in all studies examining the wage level which sets the salary levels are generally lower the value created (that of the teacher is strong) the ability of the person who creates that value to assign it a game. And Albert Einstein will be there very much less earned in his life that much of the responsibility for activities of securitization and structured financial products "toxic".

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