3 ms·
With the caveat that it's been a few years: while he touches on primary education, he spends more time on secondary. The focus is less on individual ROI, but so
by lukifer 5y ago
With the caveat that it's been a few years: while he touches on primary education, he spends more time on secondary. The focus is less on individual ROI, but societal efficiency and policy: the core premise being that most secondary education is poor at increasing "human capital" (marketable skills, retained knowledge), and is instead valuable to employers because a college diploma is predictive for desirable hiring traits: conscientiousness, conformity, and grit.
I have many disagreements with Caplan, particularly on economics, but I found it a worthwhile read.