Contra Cowen, competency-based & on-line school seem to me to offer worse signals of future job performance, and so would not beat existing school plans in an open fair competition. https://www.overcomingbias.com/2018/02/signal-inertia.html …https://twitter.com/MargRev/status/966727303693615104 …
-
-
Replying to @robinhanson
That is not what I claim, though, only that such forms will dominate *if* Caplanian signaling is the dominant motive...
3 replies 1 retweet 4 likes -
Replying to @tylercowen
But I don't see
@bryan_caplan as saying school is mainly about signaling learning. He says school signals smarts, care, & conformity. Competency-based & online learning don't obviously show those features better.1 reply 0 retweets 8 likes -
Replying to @robinhanson @bryan_caplan
BC wants to have it both ways. The more complex the signaling story gets, the harder it is to do it another way, and we are back to a kind of semi-efficiency.
4 replies 1 retweet 11 likes -
Bryan's primary thesis is "School is not forming human capital and groups with more school won't do collectively better." You can't refute that by saying "School is socially efficient signaling, there's no simple way for a society to allow stronger signals at lower cost."
2 replies 0 retweets 4 likes -
If you wish to argue that signaling is significantly inefficient, you've got to win on these across the board.
1 reply 0 retweets 2 likes -
There's three separate questions here! 1. Is school about glorious human capital formation or mere signaling? 2. Is the social benefit of signaling worth the costs expended, or is this a negative-sum phenomenon? 3. Is there a Pareto-superior new Nash equilibrium we can get to?
4 replies 5 retweets 17 likes
@bryan_caplan's first and foremost contribution is that the oft-repeated notion that school is about glorious human capital formation is mostly false. This already calls into question the original stated reason for the massive subsidies.
-
-
Replying to @ESYudkowsky @tylercowen and
There's then a further point that even though competitively discriminating future job performance can be a kind of social good, it's an especially dumb kind of social good to try to subsidize. This further point is also not refuted by saying school is efficient as signaling.
0 replies 1 retweet 8 likesThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.