Many argue that public school systems should stop linking teachers' salaries so closely to their years of experience. However, the effect of deferred retirement compensation on the premium paid to experienced teachers has, to date, been underappreciated. To shed more light on this issue, we calculate the total compensation earned by teachers in…

Most of us have had at least one amazing teacher who has inspired, influenced, or encouraged us to do better, aim higher, or just be more confident. However, most of us have also had at least one teacher who has not met our expectations. In "Teachers Matter", education researcher Marcus A. Winters, a senior fellow at the Manhattan Institute,…