Star athletes earn far more than bench warmers—why can't schools adopt the same approach to remunerating talent? In most U.S. public schools, compensation is determined by one factor: years served in the classroom.
In South Korea, the best instructors are treated like star athletes. Some earn millions.
The late Andrew Coulson, a former senior fellow at the Cato Institute, partnered with the Free to Choose Network to create the film School, Inc., which examines some of these free market successes abroad.
But School, Inc. is three hours! So John Stossel made a two-part short-attention-span version. In part two, Coulson looks at private school innovation abroad. And he travels to India, where poor citizens pay to send their kids to private schools to keep them out of the dreadful public system.
Produced by Maxim Lott. Edited by Joshua Swain.