Schooling is Mostly Signaling

Bryan Caplan’s The Case Against Education lays out a strong argument that the financial returns to schooling–which have been increasing dramatically, year after year–are about 80% returns to signaling rather than returns to actual skill-building. In their new book, Cracks in the Ivory Tower: The Moral Mess of Higher Education, Georgetown University philosopher Jason Brennan … Continue reading Schooling is Mostly Signaling