In 'The Case Against Education,' Bryan Caplan argues that a significant portion of the benefits of education are not due to the acquisition of skills or knowledge, but rather to signalling preexisting abilities. He contends that this signalling effect is prevalent across all levels of education, from elementary school to graduate programs. Caplan supports his argument with extensive data, tables, and graphs, as well as personal anecdotes and observations. He also proposes alternative educational approaches, such as technical and vocational training, which he believes are more effective in improving worker productivity. The book is known for its provocative and well-argued critique of the current education system, suggesting reforms like reduced school time and relaxed child labor laws[1][3][4].
In 'Public Opinion', Walter Lippmann explores the nature of public opinion, how it is formed, and its influence on democratic processes. Published in 1922, the book critiques the ideal of direct democracy and argues that the public's perceptions are often shaped by incomplete and inaccurate information. Lippmann discusses the role of media, stereotypes, and other factors in shaping public opinion, highlighting the challenges in achieving informed and rational public discourse.
In this one-on-one conversation, Marc and Ben tackle the university system – what has certainly been a hot topic that’s been dominating the news over the past few months. As Marc states at the top of the episode, universities matter tremendously to our world, but they’re currently in a state of crisis.
Together, Ben and Marc take a “structural” look at higher education, delving deep into the twelve functions of the modern university. They also unpack the numerous challenges that universities face today – student debt and the replication crisis, among them.
They also discuss topics including DEI, student athlete admissions, accreditation, inflation, and much more.
As colleges face an existential threat that could have long lasting repercussions, how can we find ways to improve these institutions, while being open to new entrepreneurial opportunities in education?
Check out the Ben and Marc show: https://link.chtbl.com/benandmarc
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