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John_Maxwell_IV comments on Minerva Project: the future of higher education? - Less Wrong Discussion

11 Post author: Natha 10 November 2014 05:59AM

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Comment author: John_Maxwell_IV 10 November 2014 07:00:02AM 3 points [-]

If it's true that they provide a superior educational experience, it seems like it might provide a bit of evidence about signaling vs human capital explanations for education. But personally my prediction is that graduates will get jobs and it will be mainly due to signaling effects.

Comment author: Metus 10 November 2014 08:44:12AM 3 points [-]

Especially since the main screening criterion is IQ.

Comment author: Natha 10 November 2014 10:30:45PM 0 points [-]

I've been jumping around reading Caplan's posts on your link in my free time today and I've found him very convincing. However, I know very little about economics. Could you recommend a good overview article on signalling/ability bias/human capital in higher education? I am sincerely quite interested in this stuff.

Comment author: John_Maxwell_IV 11 November 2014 12:00:35AM 2 points [-]

I did some googling and found this blog post that might be a more accessible overview of Caplan's position. I'm not an economist either and my understanding is that of a layperson.