On a boat ride in Brugges, I heard a boat operator/philosopher expound on why it was so that teachers were paid so little, rockstars like Ozzy Osbourne were rich, and famous composers like Mozart died broke.
He said it was a question of network effects and impact. Mozart died broke because of poor money management and the inability to reach a worldwide audience.
An elementary school teacher is only paid a small amount relative to most celebrities because their impact is small. They cannot reach more 10-30 students at a time.
A baseball player is paid millions because he (through cable TV) can impact/entertain many more anonymous people indirectly.
This brings to mind the interesting question of micro-payments and distance learning - could an effective model for rock star professors be implemented, in an effective implementation of feedback-based distance learning?