3 ms·
When there's a real possibility of meaningful and useful insights, we might consider taking it seriously. For me, this can be linked in part to the person's exp
by Kalium 5y ago
When there's a real possibility of meaningful and useful insights, we might consider taking it seriously. For me, this can be linked in part to the person's experience and credibility.
Caplan isn't some interloper with no knowledge of any of the material he touches on ranting on Twitter. The man has a career as an economics researcher specializing in public-sector work and actually teaches economics at a reasonably prestigious university (I have heard of George Mason). Perhaps we might pause to consider that he may be, in the realm of his specialty, not a complete fool. In general, his work would seem to be worth engaging with by his peers.
With that in mind, it is a little concerning that so many people are so ready and willing to argue with his claims yet none are interested in engaging with his work or methodology. Perhaps they, as you, are dismissive because he reaches conclusions they find so implausible as to be not worth engaging with. Or perhaps because as he alleges, the field simply does not value quantitative argument beyond its ability to get a paper published.
For my own part, I think it would be educational to know which is the case. If the former, I would like to understand if this is politically motivated (and a lot of things are in economics, especially in a policy context). In the latter, it leads me to question just about every claim from the entire field, including Caplan's.
I'm not equipped to evaluate his data or critique his work. I won't make the attempt. I would hope for better of his peers, though.
- I-Robot 5y ago
- lucb1e 5y agoYou can have an opinion about everything, but others are not obliged to like it and/or give you a platform for it. Baseless opinions are not interesting to read, and if there is a base for it, then that would be worth posting. Also, not sure why you're afraid of troll responses given that your comment is literally trolling (merriam webster, definition 2c).
- mvhvv 5y agoThe thing is, Caplan is a distinguished economist sure, but he is an interloper when it comes to education. As you said, it's also worth noting that the community of "distinguished economists" is itself a fairly insular and politically driven field with a lot of ideological assumptions. That's not to say it's all hogwash, but for as much as Economists love to tell you otherwise it's still a soft-science very vulnerable to convenient abuse of statistics. For what it's worth, I skimmed over the presentation he linked in the article. One of the first claims he makes is: "Education and ability (IQ, work ethic, etc.) are correlated, so raw numbers give education too much credit." He then goes on to correct for a "45% ability bias" to income statistics. Without even getting into the problems of correlation vs causation there, it's a perfect example of the foundational assumptions that got his work rejected to begin with.