The Bay Area May be the best example I’ve ever seen of how sticky network effects can be. Everyone in SF/Silicon Valley realizes how absurd and broken many things are here. Yet if you look at how people vote with their feet and dollars the vast majority just stay.
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Replying to @Austen @AustenAllred
Relevantly to your interests I feel like universities are sort of like this, in that if you were asking me in a vacuum "Hey should society spend $150k per person to administer an IQ test and four years of, possibly, alcohol?" I'd say "Oh God no." but graduated so I don't defect.
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Replying to @patio11 @AustenAllred
I suppose you could say that criticizing the notion of higher education is a defection but that's a socially sanctioned defection and so no defection at all; the costly version would be something like e.g. publicly burning my degrees or notoriously refusing to fund kids' degrees.
12:36 AM - 26 Jul 2018
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