A Review of “The Case Against Education” by Nick HK (@nickchk) -- now as a blogpost!https://medium.com/@Reisen_0/a-review-of-the-case-against-education-bacc120cb8cd …
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@nickch argues that education increases HC in form of teaching conformity, and to "push through hard problems, endure boredom, write, follow instructions, coordinate and communicate." True, but is there any reason to think that school teaches these things better than working? -
There is a huge opportunity cost to education. For education to be worth it, it should not just be better than nothing, it should be better than what people otherwise would've done.
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The review also points out that signalling can be productive, since it can help employers categorize workers. Also true, but there are likely extremely diminishing returns to additional education. As
@bryan_caplan writes:pic.twitter.com/gAMKS6NiXC
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There are other and cheaper ways to categorize workers. I'm skeptical that education really teaches that much conformism. Sounds more like self-selection to me. But it's not as untestable as Nick implies, initial analysis can be done with ordinary longitudinal studies.
End of conversation
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