4 ms·

Better skills are not zero sum, but credentials are. Having a doctorate is only impressive if everybody else doesn't also have one.then you would have to have t

Better skills are not zero sum, but credentials are. Having a doctorate is only impressive if everybody else doesn't also have one.then you would have to have two doctorates.

UK-Al05 5y ago
What? Doctorate implies you've learned some skills. If everyone suddenly everyone got better at maths and critical thinking. Overall the economy would be more productive, and everyone would be better off. There isn't a fixed amount wealth, to be divided up between people. If you increase skill levels, total level of wealth can increase.
- ghufran_syed 5y ago
  You’re assuming that getting the doctorate actually increased people’s skills that are economically useful - this book suggests otherwise: https://blogs.lse.ac.uk/lsereviewofbooks/2018/05/30/book-review-the-case-against-education-why-the-education-system-is-a-waste-of-time-and-money-by-bryan-caplan/ https://blogs.lse.ac.uk/lsereviewofbooks/2018/05/30/book-rev... https://en.m.wikipedia.org/wiki/The_Case_Against_Education https://en.m.wikipedia.org/wiki/The_Case_Against_Education