Teaching economics
- Last updated: November 8, 2026 | 09:10
A voter holds a child, while visiting a fire station to cast their ballot, during the US midterm elections in Chapin, South Carolina. File/Reuters
There seems to be a shortage of teachers in many countries but a lesson in economics might help solve the shortage.
It is reported that Elon Musk has donated about $483m during the US midterm elections without any real success as most of the candidates he backed didn’t get elected.
If we use a salary of about $50,000, for a younger teacher, that would pay almost 10,000 extra teachers. If he made the same donation each year, but to teacher salaries, he would be praised by all.
Other billionaires should think about that too, it’s great karma and some of you will need that karma. Which do we need more of, teachers or politicians?
Dennis Fitzgerald
Australia