On today's podcast, we consider a plan to dramatically grow the U.S. economy. The plan has nothing to do with banks, stimulus, tax cuts or the Federal Reserve. Instead, the plan focuses entirely on — public school teachers.
Economist Eric Hanushek has been researching education and the economy for four decades. In a recent study, he tried to put a monetary value on good teaching.
Hanushek says a good teacher's contribution to the economy could be as much as a half a million dollars per year.