Interesting Virginia Postrel Column:

Did you know?: Before unionization and its attendant wage compression took hold, smart young women (and assumedly men) demanded a premium on the teaching market? I can’t imagine why smart, ambitious, hard-working, and not unusually altruistic individuals would be willing to commit to a career in public school teaching today, knowing that they would get paid exactly the same as slow, dull, lazy colleagues. The young women I’ve known who have gone into public school teaching with SAT scores and ambition well above the median have either left for more entrepreneurial educational ventures or obtained master’s degrees and were quickly promoted into academic administration.

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