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

80,000 Hours Podcast

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The Sheepskin Effect on Graduation

The sheep's gain effect is basically the ratio of those two. It seems like pretty good evidence on its face that that signaling is a large fraction of what's going on, says David Frum. The main ability control they actually use is measures of intelligence,. That's also the main one that actually seems to make a difference when you're doing the estimate.

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