202: The case against education (Bryan Caplan)

February 18, 2018

In this episode, economist Bryan Caplan argues that the main reason getting a college degree is valuable is because of signaling (i.e., it proves that you have traits that employers value, like conscientiousness and conformity), and not because college teaches you useful knowledge or skills. Julia proposes several potential challenges to Bryan’s argument, and they discuss why it matters how much of education’s value is signaling.

Transcript (PDF)