The Case Against Education
Sorry for the delay this AM, all. Long flight over the Atlantic yesterday. There is a new book out from George Mason economics professor Bryan Caplan called The Case Against Education: Why the Education System is a Waste of Time and Money. It’s causing some brouhaha south of the border (you may have seen this article in The Atlantic). There is a longstanding argument in economics about how to measure gains from education. Basically, there is the “human capital” view, which says that