Teachers Need More Than An Apple: The NYT has an article once again spotlighting how underappreciated/underpaid teachers are. This is something that I just cannot comprehend, because it seems like education is the answer to almost everything. So why wouldn't you pay teachers enough to make it an attractive position, so you can attract the best people for the job? Society will save later on things from obesity costs (see one of today's earlier posts) to crime to welfare benefits... the list goes on and on.

Completely unrelatedly, Krugman's column today is on the threat posed by Chinese takeovers, citing the Unocal takeover bid.