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It is pretty strange even from an economist really - they of all people should be able to understand and articulate the difference between signaling value and d

• koube 7y ago
  Economists have been debating the skills vs signaling value of education, especially since Bryan Caplan released his book The Case Against Education. If you want to get a smattering of opinion on the issue the book's reviews and dicussionsn would be a good starting point. https://en.wikipedia.org/wiki/The_Case_Against_Education#Reviews https://en.wikipedia.org/wiki/The_Case_Against_Education#Rev... Bryan Caplan back and forth with Noah Smith on the book: https://www.econlib.org/archives/2015/04/educational_sig_1.html https://www.econlib.org/archives/2015/04/educational_sig_1.h... Bryan Caplan back and forth with Bill Dickens on the book: https://www.econlib.org/archives/2010/08/education_and_s.html https://www.econlib.org/archives/2010/08/education_and_s.htm...
• Gimpei 7y ago
  It's not a majority view among economists. Caplan is the only person I can think of who holds this view.
  • jdminhbg 7y ago
    Caplan is definitely not the only economist who holds this view. Most place the signaling/human capital split around 50/50: https://www.econlib.org/archives/2011/11/kauffman_econ_b.html https://www.econlib.org/archives/2011/11/kauffman_econ_b.htm...
• jessaustin 7y ago
  If anyone could realize the tenuous value of education, it might be someone paying student loans for an economics degree...