I support it for this reasonhttps://twitter.com/OpenBordersJon/status/1370400500382892036 …
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eigenrobot Retweeted Senior Vice President of Open The Borders
I support it for this reasonhttps://twitter.com/OpenBordersJon/status/1370400500382892036 …
eigenrobot added,
It seems like there were big cognitive benefits from western countries extending mandatory schooling from 16 to 18, maybe the real left wing position should be to create 13th grade?
A lot of tht mostly seems to be bad research forgetting that people naturally mature as they get older
This is a careful lit-review that goes over all of the quasi-experimental research around Britain's two policy changes around compulsory schooling and finds (with caveats) that each year of schooling raised wages by ~7%. http://ftp.iza.org/dp9596.pdf pic.twitter.com/Rn7NZauH4g
The one place where I really strongly disagree with EA/Rationalist folk is the opposition to compulsory schooling. There's really a lot of high quality quasi-experimental data that shows that more education leads to higher wages/human capital accumulation/faster growth/etc.
The standard Caplan objection is that that fact that more school gets you higher wages doesn't necessarily imply that most of the extra wage benefit comes from actually teaching you useful things.
It could be that extra education largely functions as a costly signal to employers, burning resources in wasteful zero sum competition with all the other highly educated graduates, without actually improving things overall.
we need short periods of education to produce this signal at the lowest cost possible
a mini “lesson“ delivered in one session where students “learn” to mentally rotate shapes and continue progressive matrices and whoever has the high score gets to make people click ads harder at FB for enough money to rent a Bay Area tent with
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