Rationally Speaking #202 - Bryan Caplan on "The Case Against Education"
Feb 19, 2018•48 min•Transcript available on Metacast Episode description
In this episode, economist Bryan Caplan argues that the main reason getting a college degree is valuable is because of signaling (i.e., it proves that you have traits that employers value, like conscientiousness and conformity), and not because college teaches you useful knowledge or skills. Julia proposes several potential challenges to Bryan's argument, and they discuss why it matters how much of education's value is signaling.