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I agree with what you said about the toxic market and the poisonous blend of state and capitalism - I'm a moderate libertarian, but the evidence overwhelmingly
by rwallace 13y ago
I agree with what you said about the toxic market and the poisonous blend of state and capitalism - I'm a moderate libertarian, but the evidence overwhelmingly indicates if you're not going to have genuine capitalism in a sector, you are actually better off with honest socialism like we have in Europe than with pretend capitalism which gives you the worst of both worlds.
I must, however, take issue with your last sentence. That is, I agree education has benefits, but the current school/college system is hardly at all about education and mostly about potlatch: burning away some of the best years of your life in an attempt to obtain relative status. Sure, a college degree might improve your chances of getting a good job, but in most occupations that only means you got the job at someone else's expense; it's a negative sum game.
Proposed practical solution: outside fields like law and medicine (where college actually provides necessary training, albeit in a very inefficient way), make it illegal for hiring to discriminate on the basis of college degree.
- gojomo 13y agoYou could also tax degrees: http://econlog.econlib.org/archives/2012/09/degree_pollutio.html http://econlog.econlib.org/archives/2012/09/degree_pollutio....
- rapala 13y agoIf we were to combine this and the gp's system, won't we get into a situation where it is best to burn your degrees and just claim you know phd's worth of stuff? And then sue if someone with a degree got the job.