Teachers as Irrational Economic Actors [...]

So: no higher salaries for a relatively low-paying profession, eroding the job security that is the most treasured benefit of the job, continuing to degrade and insult the current workforce as lazy and undeserving, getting rid of hundreds of thousands of them, and yet somehow attracting hundreds of thousands of more talented, more committed young workers to become teachers.

According to what school of economics, exactly, is such a thing possible? (Source)

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