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And when the wealthy districts are saturated, but there is still a strong positive return to education in poorer districts, where then does the next great-but-mercenary teacher go?

Your scenario only plays out if there is always a higher marginal return to teaching among the already-advantaged. Sorry, but lots of advantaged people are dumb and lazy, and even among those who aren't, there is a point of diminishing economic returns to their education.

Yes, the talented wealthy will be well-served under a 'human capital' system. But then teaching resources will find upside potential wherever it exists, including those areas with disastrously bad public schools today.



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