Opinion

Felix Salmon

Counterparties

By Felix Salmon
January 13, 2011

The ultimate Steve Jobs fantasy — a truly buttonless device – looks like it’s coming true at Apple — BGR

Charity Navigator’s guide to where the Haiti money went includes only 1 of the 5 telethon recipients — Charity Navigator

22% of Americans think we have double-digit inflation, and 18% believe former BP chief Tony Hayward is the UK prime minister — Pew (PDF)

“Treating teachers like professionals” cuts both ways. If you move to defined-contribution pensions, then be sure to jack up pay first — Public Sector Inc

“South Sudan will be the 195th country on the official State Department list, and the 49th sub-Saharan republic” — DLC

On the Richness of the Rich — DeLong

Now that was unexpected: AP and Shepard Fairey “to collaborate on a series of images that Fairey will create based on AP photographs” — AP

Comments
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Teachers are decently paid, at least in my state. It isn’t an easy job by any stretch of the imagination — a good teacher will put in 2000 hours between September and June, and some more over the summer as well. But the pay is respectable.

If the goal of switching to a defined-contribution plan is cost-certainty (rather than cost savings), then schools should adopt a contribution match that follows the college standard rather than the private sector model that emphasizes a high base pay with fewer benefits.

Posted by TFF | Report as abusive
 

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