2min chapter

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#32 - Bryan Caplan on whether his Case Against Education holds up, totalitarianism, & open borders

80,000 Hours Podcast

CHAPTER

The Effect of Education on Earnings

There is a literature that tries to separately estimate the effect of intelligence or IQ scores versus education on earnings. And these usually say that a point of IQ raised earnings by about one percent. So even if we took the, these estimates as total gospel and ignored all of the worries, it would still leave most of the payoff for education totally unexplained. But again, I don't want to rule out that there's some, there's some effect there. Especially for really extreme cases.

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