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Quote from Milton Friedman,


"With respect to teachers' salaries .... Poor teachers are grossly overpaid and good teachers grossly underpaid. Salary schedules tend to be uniform and determined far more by seniority."


By:

Milton Friedman (more quotes by Milton Friedman or books by/about Milton Friedman)


(1912-2006) Nobel Prize-winning economist, economic advisor to President Ronald Reagan, "ultimate guru of the free-market system"

Source:

Capitalism and Freedom (1962), Ch. 6 "The Role of Government in Education"

Categories:

Education, Labor, Government, Economics

Rating:

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