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My guest for this episode is Bryan Caplan of George Mason University. We discuss his latest book, The Case Against Education: Why the Education System Is a Waste of Time and Money, in which he argues that the social value of education is negative.

This may seem paradoxical given that more educated individuals tend to earn more than less educated individuals. This can be explained in two ways: First, people who get more education were likely more skilled in the first place; in other words, there is a selection effect. Second, people who are already skilled can use education to demonstrate their skill to employers; economists call this signalling. (more…)

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The post The Case Against Education with Bryan Caplan appeared first on The Economics Detective.

Today’s guest is Russ Roberts, host of the quintessential economics podcast EconTalk. (If you haven’t heard EconTalk, go subscribe to it right now, because it is excellent!)

We discuss EconTalk’s role in the economics profession, the things Russ has learned in the course of making it, the importance of intellectual honesty, and the enduring insights of Adam Smith. (more…)

Subscribe to Economics Detective Radio on iTunes, Android, or Stitcher.

The post EconTalk, Intellectual Honesty, and Adam Smith with Russ Roberts appeared first on The Economics Detective.

Today’s guest is Russ Roberts, host of the quintessential economics podcast EconTalk. (If you haven’t heard EconTalk, go subscribe to it right now, because it is excellent!)

We discuss EconTalk’s role in the economics profession, the things Russ has learned in the course of making it, the importance of intellectual honesty, and the enduring insights of Adam Smith. (more…)

Subscribe to Economics Detective Radio on iTunes, Android, or Stitcher.

The post EconTalk, Intellectual Honesty, and Adam Smith with Russ Roberts appeared first on The Economics Detective.