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From the Judge Posner article you linked to:

    Analysis of the PISA results has revealed some other
    interesting facts. One is that higher teacher
    salaries dominate small class size as a factor in
    high PISA scores. This is a reassuring finding
    because it suggests that secondary school education
    can be improved at no net increase in cost, since
    higher teacher salaries are offset by larger
    classes—if class size is raised in proportion to
    increases in teacher salaries, there is no net
    increase in the school’s cost, and there should
    actually be a reduction in cost in the long term
    because a reduction in the number of classrooms
    reduces the size and therefore cost of a school even
    if each classroom is larger
That seems to indicate that paying teachers more does help.


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