Tyler Momentarily Embraces Signaling
By Bryan Caplan
Loyal Marginal Revolution reader Nick_L asks Tyler:
What’s the most important economics question you ever asked?
“What is the required type font for submitting this dissertation?”
I’m fond of saying that if I refused to study a foreign language in high school I wouldn’t be a professor today. Tyler’s example works just as well: If he refused to format his dissertation properly, he wouldn’t be a professor today either.
Human capital theory overlooks so many big inconvenient truths about education I wonder how anyone who ever went to school can accept it – even as an approximation.