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The Case against Education: Why the Education System Is a Waste of Time and Money Hardcover – January 30, 2018

4.5 4.5 out of 5 stars 573 ratings

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Why we need to stop wasting public funds on education

Despite being immensely popular--and immensely lucrative―education is grossly overrated. In this explosive book, Bryan Caplan argues that the primary function of education is not to enhance students' skill but to certify their intelligence, work ethic, and conformity―in other words, to signal the qualities of a good employee. Learn why students hunt for easy As and casually forget most of what they learn after the final exam, why decades of growing access to education have not resulted in better jobs for the average worker but instead in runaway credential inflation, how employers reward workers for costly schooling they rarely if ever use, and why cutting education spending is the best remedy.

Caplan draws on the latest social science to show how the labor market values grades over knowledge, and why the more education your rivals have, the more you need to impress employers. He explains why graduation is our society's top conformity signal, and why even the most useless degrees can certify employability. He advocates two major policy responses. The first is educational austerity. Government needs to sharply cut education funding to curb this wasteful rat race. The second is more vocational education, because practical skills are more socially valuable than teaching students how to outshine their peers.

Romantic notions about education being "good for the soul" must yield to careful research and common sense―
The Case against Education points the way.

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Editorial Reviews

Review

"One of Tyler Cowen's Best Non-Fiction Books of 2018"

"One of Bloomberg Opinion's Favorite Nonfiction Books of 2018 (Stephen L. Carter)"

"Bryan Caplan raises an important question in [his] controversial new book,
The Case Against Education. How much of the benefits of a degree comes from the skills you acquire in studying for it? And how much from the piece of paper at the end – what your degree certificate signals to employers about the skills and attributes you might have had long before you filled in a unviersity application form?"---Sonia Sodha, The Guardian

"Would-be students and their parents are rethinking the assumption that a good life is impossible without an expensive degree--not to mention the chase for college admission that begins at kindergarten if not before. [This new book] may help to let out a little more air."
---Naomi Schaefer Riley, Wall Street Journal

"You probably won’t agree with everything he says . . . but his broadside is worth considering carefully given that the U.S. spends $1 trillion or so a year on education at all levels, more than the budget for defense."
---Peter Coy, Bloomberg Businessweek

"It is an
excellent book, on an important topic. Beyond such cheap talk, I offer the costly signal of having based an entire chapter of our new book on his book. That’s how good and important I think it is. . . . Caplan offers plausible evidence that school functions to let students show employers that they are smart, conscientious, and conformist. And surely this is in fact a big part of what is going on."---Robin Hanson, Overcoming Bias

"A book that America has needed for a long time. If we ever reach a turning point where most of us reject the idea that government should mandate and subsidize certain kinds of education, Bryan Caplan will have a lot to do with it."
---George Leef, Forbes

"Economist Bryan Caplan of George Mason University has crunched the data for years from every angle and argues devastatingly . . . that college is, for many of those who go there, a boondoggle."
---Kyle Smith, National Review Online

"Excellent argument by Bryan Caplan, but missed something central: convexity of trial-and-error & heuristic learning."
---Nassim Nicholas Taleb

"It's like the case against parenting's role in shaping children: I don't want to believe it, but the data force you take it seriously. Good book."
---Charles Murray

"Like most fascinating authors, Caplan, too, has scrumptious contradictions. . . . Whatever the truth is, this book is recommended to parents, high school teachers, and college professors for gaining valuable insights into the dynamics of ‘useless’ education."
---L. Ali Khan, NY Journal of Books

"[Caplan] is also frequently infuriating. But when he is right, he is very right.
The Case Against Education, a book 10 years in the making, is a case of Caplan being right."---Charles Fain Lehman, Washington Free Beacon

"
The Case Against Education lays the groundwork for readers to think anew about education, what it does and ought to do, what place it holds and ought to hold in American society. It ought to be a wake-up call for all Americans, especially those who seek to champion ‘education’ without explaining why it’s a worthy cause."---Ian Lindquis, The Weekly Standard

"Caplan delivers a tightly knit, compelling indictment of the vastly inflated, scandalously over-priced and often socially deleterious Ponzi scheme that American higher education has become."
---Aram Bakshian Jr., Washington Times

"His words might be hard to digest. But with dismal school performance and achievement year after year, it’s worth challenging the assumptions we make about the education systems that now envelop childhood."
---Kaitlyn Buss, Detroit News

"
The Case Against Education is a brilliant book that you should read, though you’ll probably reject its conclusions without really considering them."---Jake Seliger

"[Caplan’s] evidence, trends and intuition suggest he has an important point."
---Ryan Bourne, The Telegraph

"Bryan Caplan is perhaps the most natural ‘social science book writer’ I have met, besides myself of course. Not only does he want people to agree with him, he insists that they agree with him
for the right reasons."---Tyler Cowen, Marginal Revolution

"
The Case Against Education is powerfully argued, provocative but not polemical, marrying a wealth of evidence with an engaging writing style. . . . After 300 pages, Caplan's outlandish proposals seem not just plausible but natural conclusions, whether or not you share his ideological commitments."---Aveek Bhattacharya, London School of Economics Review of Books

"Cogently argued."
---Megan McArdle, Washington Post

"A persuasive indictment of his own industry."
---Gene Epstein, City Journal

"I’m not sure he’s right, especially about education being almost entirely for the purpose of signaling, but goodness does he make a strong case. Agree with him or not, you’ll never look at the schools and colleges in quite the same way."
---Stephen L. Carter, Bloomberg Opinion

Review

"Few would disagree that our education system needs reform. While most call for more―more government subsidies, more time in school, more students attending college―Caplan provocatively argues for less. The Case against Education urges a radical rethinking about why we've been unsuccessful to date―and why more of the same won't work."―Vicki Alger, Independent Institute

"Bryan Caplan has written what is sure to be one of the most intriguing and provocative books on education published this year. His boldly contrarian conclusion―that much schooling and public support for education is astonishingly wasteful, if not counterproductive―is compelling enough that it should be cause for serious reflection on the part of parents, students, educators, advocates, and policymakers."
―Frederick Hess, American Enterprise Institute

"You doubtless asked many times in school, ‘When am I going to use this?' Bryan Caplan asks the same question, about everything taught prekindergarten through graduate school, and has a disturbing answer: almost never. Indeed, we'd be better off with a lot less education. It's heresy that must be heard."
―Neal McCluskey, Cato Institute

"
The Case against Education is a riveting book. Bryan Caplan, the foremost whistle-blower in the academy, argues persuasively that learning about completely arbitrary subjects is attractive to employers because it signals students' intelligence, work ethic, desire to please, and conformity―even when such learning conveys no cognitive advantage or increase in human capital."―Stephen J. Ceci, Cornell University

"This book is hugely important.
The Case against Education is the work of an idiosyncratic genius."―Lant Pritchett, author of The Rebirth of Education: Schooling Ain't Learning

"Caplan deals provocatively and even courageously with an important topic. Readers will be disturbed by his conclusions, maybe even angry. But I doubt they will ignore them."
―Richard Vedder, author of Going Broke by Degree: Why College Costs Too Much

Product details

  • Publisher ‏ : ‎ Princeton University Press; Illustrated edition (January 30, 2018)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 416 pages
  • ISBN-10 ‏ : ‎ 0691174652
  • ISBN-13 ‏ : ‎ 978-0691174655
  • Item Weight ‏ : ‎ 1.6 pounds
  • Dimensions ‏ : ‎ 6.5 x 1.25 x 9.75 inches
  • Customer Reviews:
    4.5 4.5 out of 5 stars 573 ratings

About the author

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Bryan Douglas Caplan
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I'm Bryan Caplan, Professor of Economics at George Mason University and New York Times bestselling author. I’ve written *The Myth of the Rational Voter*, named "the best political book of the year" by the New York Times, *Selfish Reasons to Have More Kids*, *The Case Against Education*, and *Open Borders: The Science and Ethics of Immigration* – co-authored with Saturday Morning Breakfast Cereal’s Zach Weinersmith. My latest project, *Poverty: Who To Blame*, is now well underway.

I blog for EconLog. I've published in the New York Times, Washington Post, Wall Street Journal, TIME, Newsweek, Atlantic, American Economic Review, Economic Journal, Journal of Law and Economics, and Intelligence, and appeared on ABC, BBC, Fox News, MSNBC, and C-SPAN.

An openly nerdy man who loves role-playing games and graphic novels, I live in Oakton, Virginia, with my wife and four kids.

Customer reviews

4.5 out of 5 stars
4.5 out of 5
573 global ratings

Customers say

Customers find the book full of charts and notes. However, some find the writing convoluted and repetitive. Opinions are mixed on the writing style, with some finding it light and peppering the discussion with anecdotes, while others find it miserable to read. Readers also disagree on the political content, with others finding it thought-provoking and politically incorrect, while still others say it teaches nothing useful.

AI-generated from the text of customer reviews

5 customers mention "Content"5 positive0 negative

Customers find the book's content eye-opening, full of charts, data, and analysis. They also appreciate the detailed calculations available for download.

"...Includes enough charts, graphs, etc., to appeal to academics (I skipped most).Easy to absorb and clear to the ear...." Read more

"An eye-opening book. It is full of charts, close to 100 pages of notes and references. Clearly a scholarly well-documented book...." Read more

"Caplan is pithy and direct. He explains himself well, using helpful charts. He appears to address all points of view on the subject...." Read more

"The book is outstanding. It is full of data and analysis...." Read more

3 customers mention "Value"3 positive0 negative

Customers find the book's chapter worth the price of the book. They also appreciate the very thorough analysis of the economic rationale behind pursuing a degree.

"...What a gift. This chapter alone worth the price of the book!Why Caplan’s conclusion so difficult, so painful to the ear?“..." Read more

"...To the individual, the signal is a great value: to get a good job, apparently, a student needs a good signal. To society, it’s basically a waste...." Read more

"A very thorough analysis of the economic rationale behind pursuing a degree...." Read more

22 customers mention "Political content"11 positive11 negative

Customers have mixed opinions about the political content of the book. Some find it thought-provoking and deep, while others say it teaches nothing useful. They also say the pace is plodding and the tone is more academic than necessary.

"...One fantastic, fascinating, marvelous feature . . .“Though I can heed everyone, I cannot please everyone...." Read more

"...The author argues in almost 400 pages that in many cases it is not worth it...." Read more

"...of the negative reviews dissuade you from reading this provocative but compelling book...." Read more

"...One thing he suggests is that uninterested students can't be enlightened involuntarily...." Read more

6 customers mention "Writing style"3 positive3 negative

Customers are mixed about the writing style. Some mention that the author writes in a light style and peppers his discussion with anecdotes. Others say that the book is miserable to read and convoluted.

"...Caplan writing for the general reader, although careful and scholarly. Includes enough charts, graphs, etc.,..." Read more

"...Though often uncomfortable to read, I find little fault in Caplan's argument...." Read more

"...He writes in a light style and peppers his discussion with anecdotes from his own experience as a student and as a professor at George Mason...." Read more

"...The writing is so convoluted and unbearable as to make it impossible to hold him to a single line of thought...." Read more

5 customers mention "Readability"0 positive5 negative

Customers find the writing convoluted and repetitive. They also say the argumentation is repetitive.

"...The result, while compelling, is often repetitive, which slightly weakens the book's readability but not its central message...." Read more

"...a democracy, his facts subject to further review, and his writing style dry as jerkey. Signaling...." Read more

"...Some of it can be difficult to read if you don’t have an economics background but he does a pretty good job explaining things...." Read more

"...The writing is so convoluted and unbearable as to make it impossible to hold him to a single line of thought...." Read more

Top reviews from the United States

Reviewed in the United States on January 17, 2018
“For I have neither wit, nor words, nor worth,
Action, nor utterance, nor the power of speech,
To stir men’s blood. I only speak right on;
I tell you that which you yourselves do know.’’
—Shakespeare, Julius Caesar (285)

Well. . .I think Caplan ‘will stir men’s blood’ with this work. Why?

‘I say what you already know’! What! How insulting!

Caplan’s conclusion is that ‘higher education’ serves as ‘signal’ for employers, and does not serve the educated. Why?

“From the standpoint of most teachers, right up to and including the level of teachers of college undergraduates, the ideal student is well behaved, unaggressive, docile, patient, meticulous, and empathetic in the sense of intuiting the response to the teacher that is most likely to please the teacher.’’ (14)
—Richard Posner

‘Signal’ for perfect corporate ball-bearing, round and round with no squeaking! Why so valuable to business?

“The road to academic success is paved with the trinity of intelligence, conscientiousness, and conformity. The stronger your academic record, the greater employers’ confidence you have the whole package. Why do employers seek this package? Because the road to academic success and the road to job success are paved with the same materials. An intelligent worker learns quickly and deeply. A conscientious worker labors until the job’s done right. A conformist worker obeys superiors and cooperates with teammates. If you lack the right stuff to succeed in school, you probably lack the right stuff to succeed in the labor market.’’ (18)

Right! Well . . .

What about just the wonderful goal of - just ‘teaching how to think’?

“Transfer researchers usually begin their careers as idealists. Before studying educational psychology, they take their power to “teach students how to think” for granted.’’

Who wouldn’t?

“When they discover the professional consensus against transfer, they think they can overturn it. Eventually, though, young researchers grow sadder and wiser. The scientific evidence wears them down—and their firsthand experience as educators finishes the job. Hear the pedagogical odyssey of psychologist Douglas Detterman:

When I began teaching, I thought it was important to make things as hard as possible for students so they would discover the principles for themselves. I thought the discovery of principles was a fundamental skill that students needed to learn and transfer to new situations. Now I view education, even graduate education, as the learning of information.’’

How did he adjust to the real classroom, with actual students?

“I try to make it as easy for students as possible. Where before I was ambiguous about what a good paper was, I now provide examples of the best papers from past classes. Before, I expected students to infer the general conclusion from specific examples. Now I provide the general conclusion and support it with specific examples. In general, I subscribe to the principle that you should teach people exactly what you want them to learn in a situation as close as possible to the one in which the learning will be applied. I don’t count on transfer and I don’t try to promote it except by explicitly pointing out where taught skills may be applied.’’ (58)

Who can deny it?

CHAPTER 1 -The Magic of Education
CHAPTER 2 -The Puzzle Is Real: The Ubiquity of Useless Education
CHAPTER 3 -The Puzzle Is Real: The Handsome Rewards of Useless Education
CHAPTER 4 -The Signs of Signaling: In Case You’re Still Not Convinced
CHAPTER 5 -Who Cares If It’s Signaling? The Selfish Return to Education
CHAPTER 6 -We Care If It’s Signaling: The Social Return to Education
CHAPTER 7 -The White Elephant in the Room: We Need Lots Less Education
CHAPTER 8 - We Need More Vocational Education
CHAPTER 9 -Nourishing Mother: Is Education Good for the Soul?
CHAPTER 10 -Five Chats on Education and Enlightenment

One fantastic, fascinating, marvelous feature . . .

“Though I can heed everyone, I cannot please everyone. Rather than try to placate any one faction, this chapter brings them all together for a battle royale.’’

‘’The following dialogues are inspired by three decades of arguments about education. I’m the only real character. The rest are archetypes, composites—though hopefully not caricatures—of my favorite critics. The Cast -

Bryan Caplan, professor of economics at George Mason University. Highest credential: Ph.D. in economics from Princeton University.
James Cooper, freshman at the University of Kansas; major: undeclared. Highest credential: diploma from Topeka High School.
Frederick Dodd, columnist for the Wall Street Journal, blogger for the Chronicle of Higher Education. Highest credential: M.A. in journalism from New York University.
Alan Lang, professor of economics at the University of California, Berkeley. Highest credential: Ph.D. in economics from MIT.
Gillian Morgan, freelance tech journalist. Highest credential: B.S. in computer science from UCLA.
Cynthia Ragan, English teacher at Woodrow Wilson High School, New Jersey. Highest credential: B.A. in English from the College of New Jersey.
Derek Romano, recent high school dropout. Highest credential: none.
Gretchen Simpson, student loan activist. Highest credential: M.A. in sociology from the University of Florida.
Daria Stein, entrepreneur and parent of a high school junior. Highest credential: B.S. in engineering from the University of Texas.’’ (262)

This part is so. . .so. . .cool. I hope other writers copy this technique. What a gift. This chapter alone worth the price of the book!

Why Caplan’s conclusion so difficult, so painful to the ear?

“If research and common sense are both on my side, who’s the defendant? The party line—what we’re supposed to believe about education. You’ve been enmeshed in the irrational exuberance since preschool.
“School prepares us for our future.”
“School is fun.”
“Nothing is more important than education.”

“We’ve all heard it, and we’ve all repeated it. If the party line is so false, why is dissent so scarce?
Social Desirability Bias. Calling school a rat race verges on nihilism. When students challenge the party line, teachers and parents get upset. When graduates challenge it, they seem immature. Even those who don’t care to preen don’t want to get stomped.”

“Education’s like John Gotti, the legendary “Teflon Don”: guilty as sin, but everyone’s petrified to testify against it. The Case against Education aims to reassure the witnesses. Standing up to Social Desirability Bias is inherently scary, but you’re not alone. Most people who reflect on their time in school privately agree with you. Research in economics, psychology, sociology, and education itself has your back. Testifying against education is safer than it looks.’’ (286)

Wow!

Another painful observation . . .

“College graduates often proudly name-drop their alma mater, but few realize the phrase contains a worldview. In Latin, “alma mater” means “nourishing mother.” A rich metaphor.’’

“A nourishing mother doesn’t merely teach you practical skills or help you land a well-paid job. She nurtures your whole person, teaches you right from wrong, and shows you the magic of life. As William Bowen, former president of Princeton, and Derek Bok, former president of Harvard, attest: Education is a special, deeply political, almost sacred civic activity. It is not merely a technical enterprise—providing facts to the untutored. Inescapably, it is a moral and aesthetic enterprise—expressing to impressionable minds a set of convictions about how most nobly to live in the world.’’ (238)

‘Special, deeply political, sacred activity’! This is really a secular religion, as many scholars (J L Talmon, Isaiah Berlin, Herbert Butterfield, Carlton Hayes, etc.) concluded decades ago; faith, trust, ‘worldview’, secular priesthood, holy days, sacrifice, and transferring the will of God to ‘will of the people’, all this replaces the ‘old’ Judeo/Christian system with the ‘new’ Political/scientism one.

Caplan writing for the general reader, although careful and scholarly. Includes enough charts, graphs, etc., to appeal to academics (I skipped most).

Easy to absorb and clear to the ear.

Sounds closer to a friendly talk than a academic essay.

About six hundred excellent notes (linked).

More than eighty pages of references (one thousand?) most with links. Tremendous scholarship!

Fifteen page extensive index (linked). Great!

(See also - “Propaganda: The Formation of Men's Attitudes’’ by Jacques Ellul; “The Measure Of Man’’ by Joseph Wood Krutch. Both present fascinating insights into modern education.)
76 people found this helpful
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Reviewed in the United States on March 23, 2019
An eye-opening book. It is full of charts, close to 100 pages of notes and references. Clearly a scholarly well-documented book. The author argues in almost 400 pages that in many cases it is not worth it. The rare subjects with clear standards and well-defined career paths—like computer science, electrical engineering or biochemistry—are not the concern here. Most majors, though, ask little of their students—and get less. Standards were higher in the 1960s, when typical college students toiled about 40 hours a week. However, Caplan documents, students today work only two-thirds as hard. Full-time college has now become a part-time job. Most of what college students study is largely irrelevant in the real world. Think of all we had to study in school—if you can. and most students have probably long since forgotten most of what you learned about most subjects. Frew of us use it, so almost all of us lose it. Caplan reports the average high school student studies a foreign language for a full two years, but less than 1% of American adults even claim they gained fluency in a classroom. Government and donors lavish funding with direct subsidies, alumni donations and student loans. The current estimate is American students have a 1,5 trillion dollar debt due to college loans alone, more than the GNP of all of Africa, Spain and many other countries. The question Caplan asks is college worth the cost? About half of all professors are part-time and they often do not make enough to live without some form of government assistance yet most college presidents have 7 figure incomes and deans 6 figure incomes. Yet colleges stress the problem of income inequality, a problem greater in universities than most areas of society. The Diversity Dean at U of Michigan makes 400,000 per year, according to public data. The reason such a system exists is because American higher education performs one useful service for American business: certification. Most students at Harvard and Stanford aren’t learning much, but if you want to fill a position Ivy Leaguers are at least smart and hardworking conformists. From the employers’ point of view, it doesn’t matter if college fosters these traits or merely flags them. As long as elite students usually make good employees, the mechanism doesn’t matter. Books written by Harvard or Yale graduates about their experience help us understand how they can learn so little. Ten books are assigned by a professor for a class and each student in the class reads one book only and reports to the other 9 in his group the cliffs notes version. Or students may read chapter one and the summary plus a few published reviews and can usually ace the report or test on the book. I read more books in a year now then I read in graduate school for the entire degree for my non-science classes. Thus, as Caplan reports, most students don't learn much in either undergraduate or graduate school, excepting the well-defined professional career paths—like math, electrical engineering or biochemistry.

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Pedro Andrés Rangel Walteros
5.0 out of 5 stars It should be titled "the case against schooling"
Reviewed in Canada on January 2, 2021
In this book the author considers two driving forces for the value of schooling: human capital and signalling. Human capital assumes that school teaches you valuable skills, while signalling proposes that the value of your schooling lies on what your diploma/credentials signal to the job market. In particular, the author proposes that a degree signals intelligence, consciousness, and conformity (and that it is hard to evaluate those three combined features which is the reason why the labor market relies on degrees).

The author proposes a 20/80 break down between human capital and signalling (i.e. 20% your education value comes from human capital while 80% comes from signalling). As he mentions in the book, he comes to this figures by a combination of data analysis and guesstimation.

The book's argument echoes the general sentiment that what matters about going to school is to get a diploma. Based on that argument, the author proposes that we should defund education, and instead spend those resources in something else.

The author strengthen his argument by making a sincere effort to address possible criticisms of his analysis. That being said, there are a couple of criticisms that are not fully addressed in the book.

1. Throughout most of the book, human capital is measure by the skills learned in school and directly applied in the labor market. The author argues that humans in general are terrible at transfer learning and that therefore we can almost ignore any knowledge that is not "directly" transferable to the job market. Although I agree that humans are in general terrible at transfer learning, I would like to see a comparison between how fast a person can learn some skills with and without schooling (although I am not sure if there are any research in this area).

2. The author only mention in passing the social value of education derived from the fact that keeping the young in a school allow their parents to go to work. This part of the equation seems not insignificant to me. Without founded K12 education, many parents would be unable to go to work for long periods (this situation might be even worse for single parents)... Although most people like their kids, they don't like their kids 24/7. A sad part of reality is that a fairly large of the population don't like their kids that much, and without schools those kids would grow in even more hostile environments. The author also proposes to relax labor laws to allow kids to work. Here once again, i believe that the author underestimate the possibility of kid exploitation. If we decided on such policy, on the bright side, we might get a modern literary equivalent of Oliver Twist.

in general, I enjoyed the book, and I recommend it to everyone interested in the value of schooling. My main complain is that the book should be titled "the case against schooling". We all know that schooling is a complete waste of time of resources, and yet education opens people minds. Or, as attributed to Mark Twain, "Never let schooling interfere with your education."
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Luca Dittmer
5.0 out of 5 stars Sehr empfehlenswert!
Reviewed in Germany on March 14, 2021
Jedem, der das übliche Narrativ bezüglich "Mehr Bildung = Besser" schon immer etwas skeptisch betrachtete, kann ich dieses Buch empfehlen. Der Autor unterzieht dieser Geschichte einer analytischen Betrachtung und kommt zum Schluss, dass ein Großteil an Bildung nichts weiter ist als verschwenderische Signalisierung zwecks selbstzentrierter Chancenerhöhung auf dem Arbeitsmarkt. Gleichzeitig empfiehlt er eine Privatisierung des Bildungssystems, welche für jedermann glasklar Kosten und Nutzen aller möglichen Bildungswege offenlegt.
Zudem ist das Buch gut geschrieben, hier und da mit Humor gewürzt. Wie gesagt, empfehlenswert!
David Didau
5.0 out of 5 stars Fascinating, well argued and mostly right
Reviewed in the United Kingdom on January 18, 2019
This book provides some important and persuasive arguments against the common sense view that education is a powerful force for good. I'm convinced by the point that most of the point of getting a degree amounts to what Caplan calls 'signalling' but still think him wrong on the ability of education to raise intelligence. While his counter arguments are well researched and lucidly structured, he discounts the role of knowledge on changing cognitive architecture, especially for the most disadvantaged. In short, Caplan's case against education is far too compelling for anyone to be complacent about. A must read.
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tyaki
5.0 out of 5 stars What is the most important is how we deal with Overrated Education.
Reviewed in Japan on August 5, 2023
I am Japanese university student and I'm trying to take a teacher licence. So, frankly speaking, I want to express some opposed opinions, but couldn't.
This is because the book answer my question I have had for long time and show how we should solve the problem.
However, I feel the author idea is similar to a certain class system in Mediaeval Ages, which is renovated for modern society. I don't know which is fair that we show our children the definite and useful class system or tell a lie that our education is useful and your dream come true by education.
Alberto Zaragoza Comendador
5.0 out of 5 stars It's not your imagination - school really is a waste
Reviewed in Spain on January 23, 2018
This is the most thorough book on education one could imagine. Page after page, chapter after chapter Caplan takes on all the possible pros and cons of education, and all the possible explanations for the advantages that education confers (or not) on students. It's so refreshing to find an author who takes on the challenge head-on instead of demurring "well, you know, it depends on your opinion".

There will be many reviews extolling the book's attention to detail (and Caplan's prose). So let me describe two small nitpicks.

First, Caplan uses two designations for different explanations of the education premium, related to how much of said premium is derived from human capital as opposed to signalling. An 80/20 divide, i.e. one in which 80% of the extra earnings that derive from getting a degree is due to signalling as opposed to human capital, is branded "reasonable". No problem with that, and no point in arguing semantics. The problem is that the other share is labelled "cautious" and, if I understood the text correctly, assumes signalling's share is only that due to the sheepskin effect, i.e. the bump in earnings that comes with graduation. (Thus, a person who drops out of college before graduating would enjoy a certain income premium over an identical person who didn't attend college, but said premium would be all human capital and no signalling).
Issues:
a) Many people will not read this book as a novel, and instead will jump from chapter 7 to 3 and so on. Even if they read chapter 1, 2... in order, they may simply forget the definition of "cautious signalling". So a lot of readers will be scratching their head when Caplan brings up this term.
b) Caplan does remind the reader of the definition of "cautious signalling" sometimes, but at this point I honestly couldn't even ballpark a percentage because this effect is different for high school, college, and master's; all I know is signalling's share under this assumption is much lower than 80%.
In short, a mini-appendix explaining the different assumptions and percentages involved in "cautious" and "reasonable" signalling would have helped. (With the Kindle version Caplan could even include a link to that mini-appendix every time he used a chart with those terms).

Second, Caplan brings up the fact that waiters, janitors, etc. with college degrees make more money than workers in these same professions who only have a high school degree, and the latter in turn out-earn high school dropouts. While this is certainly evidence against the human capital theory, I don't see why it's specifically evidence for signalling. It seems at least as plausible that it represents evidence for ability bias: an intelligent, hard-working waiter will get into better restaurants (and may also work more hours), thus earning a higher income.

Other than that, I find the book's case unassailable.

Now where's the Spanish version?

EDIT - January 30, 2018. Upon re-reading, Caplan does address the second issue I raise in page 107, and offers convincing evidence that ability bias alone cannot explain the education premium for non-academic professions. It seems by the time I wrote the review I'd already forgotten the contents I'd read a few days before - obviously that would never happen with the stuff you study in school! ;)
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