The more they reject, the better the signal gets. IIMs in India have 10x the rejection rate of Harvard. Thus an IIM graduate degree is the highest social signal here. You can get into anywhere if you have one of these degrees. (I know population is a factor too, but still)
Harvard is a credential gate. The whole point is that your kid doesn't get in — every impressive kid who doesn't get in boosts the signal. The Ivies are there to pick winners, not create them.https://twitter.com/AustenAllred/status/1012709260046692355 …
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
you could as well switch it around ;) - they create winners (by means of the scarce signal), not pick them (they could admit a small random set above some threshold and it would work)
-
You can't switch it around. They pick - they can't *create*. People are successful because of what they choose to do. The "scarce signal" isn't a royal road to success. Some people become world changing academics without ever graduating school or uni https://www.theguardian.com/technology/2001/dec/29/games.academicexperts …
End of conversation
New conversation -
-
-
Have you read
@bryan_caplan 's stuff? You should.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I think this is a bit exaggerated. Maybe it's a strange selection effect, but my impression is most people hardly register this "signal". And this is especially true for people who've gone to one of these places, which tends to be a disillusioning experience.
- 3 more replies
New conversation -
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.