Earlier quoted context omitted.
You also create a selection bias for people who are bad at what they do and can’t get a better paying job.
Again, this assumes the main motivation is money. Ie if they could get a better paying job, they would. You can select for highly skilled people who also aren’t putting money as the top priority. The point I’m getting at is that pay can be a noisy proxy for skill and we should probably not assume they are tightly correlated in all domains. One person once said the people at the NSA are much more like Marines than Sil…
This leads me to believe that the problem isn't necessarily finding some highly skilled people to accept below-market rates for mission-drive jobs. It's finding enough skilled people willing to accept the tradeoff.
Public schools haven't solved that problem. Healthcare hasn't seemed to solve that problem either. They're cautionary tales in that if you can't find enough people to accept the tradeoff, the remaining job openings are filled with significantly worse candidates because you pay below market rate.