Mike welcomes George Mason University economist Bryan Caplan back to the show to talk about his latest book, The Case Against Education: Why the Education System is a Waste of Time and Money.
In this episode, Mike and Dr. Caplan discuss the myths that people believe about the value of a college education, if college teaches people job-relevant skills (mostly no), if it teaches them ‘how to think’ (not as far as we can measure), if it’s an economically smart move for the student (not in as many cases as you might think), and if having a lot of well-educated people benefits society in any measurable way (I bet you can guess the answer at this point).
In spite of the depressing (at least to Mike) and impressive amount of data and analysis Dr. Caplan brings to bear, Mike makes a game attempt to salvage some meaning and value for his life’s work.
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Bryan Caplan’s previous Politics Guys appearance (where he and Mike discussed The Myth of the Rational Voter: Why Democracies Choose Bad Policies)
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