I think you might be right for general education. But in more free market economies (take Indian high and higher secondary education for instance), the right teachers command a market premium for their ability to successfully either identify children who will do best on entrance exams or train them into those.
Coaching classes are effectively highly paid teaching jobs though the majority of teachers are not paid well.
This perhaps points to the idea that this market is near winner take all. I was hoping that remote education would have transformed teaching into a perfect winner take all.
However, it looks like the "keeping order" part is significant. Perhaps there are many children who need to be bootstrapped into self-directedness. I know I had to be. But I was by my parents.
Coaching classes are effectively highly paid teaching jobs though the majority of teachers are not paid well.
This perhaps points to the idea that this market is near winner take all. I was hoping that remote education would have transformed teaching into a perfect winner take all.
However, it looks like the "keeping order" part is significant. Perhaps there are many children who need to be bootstrapped into self-directedness. I know I had to be. But I was by my parents.