Case Against Education: Why The Education System Is...

Item Information
Item#: 9780691174655
Author Caplan, Bryan
Cover Hardback
On Hand 0
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Why we need to stop wasting public funds on educationDespite 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 Educationpoints the way.

Table of Contents
List of Illustrations ix<
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>List of Tables xi<
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>Preface xiii<
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>Introduction 1<
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>1 The Magic of Education 9<
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>2 The Puzzle Is Real: The Ubiquity of Useless Education 31<
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>3 The Puzzle Is Real: The Handsome Rewards of Useless Education 69<
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>4 The Signs of Signaling: In Case You're Still Not Convinced 96<
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>5 Who Cares If It's Signaling? The Selfish Return to Education 124<
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>6 We Care If It's Signaling: The Social Return to Education 165<
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>7 The White Elephant in the Room: We Need Lots Less Education 195<
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>8 1 > 0: We Need More Vocational Education 225<
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>9 Nourishing Mother: Is Education Good for the Soul? 238<
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>10 Five Chats on Education and Enlightenment 262<
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>Conclusion 285<
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>Technical Appendix: Completion Probability and Student Quality 291<
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>Notes 295<
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>References 337<
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>Index 381