I have argued that a necessary component of education reform is rating teacher performance. The top performers should be compensated with very high salaries, and more students should have the chance to learn from them. This is the only conclusion to draw from value-added assessment research, which shows teacher quality is powerful, class size is not.
In an interview with "The Education Sector," Hoover Institute Senior Fellow Eric Hanushek explains:
Education Sector: How much money do you think a really good teacher... would get paid in an open teacher labor market, a market without price controls?
Hanushek: It certainly would be in the six figures... If we had a more open market for quality, the ones who were really good at it [teaching] are worth a lot. Among other things, the ones who are really good at it can usually teach larger classes.
Rock star teachers deserve rock star pay. If this is the wave of the future, the future can't get here fast enough.
Matthew Ladner is vice president for research at the Goldwater Institute.