Let's say higher education is all signalling. Could the benefits of sorting people into jobs they are better suited for outweigh its costs?
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Replying to @sarahdoingthing
@bswud it's almost impossible to imagine the sorting function justifying the level of government subsidies it receives1 reply 0 retweets 0 likes
@bswud so it increasingly rewards gullibility rather than just willingness to sacrifice time (low time preference) and intelligence
2:59 PM - 1 Feb 2015
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