Too much Education

Thursday, October 13, 2016 Francisco Carneiro 0 Comments

But do the facts bear out this notion that education is the elixir of economic growth? Is there any evidence that it was education that drove countries to prosperity, or vice versa? Alison Wolf examined the data in exhaustive detail in her book Does Education Matter?, and concluded that the answer is a surprising "no".

Matt Ridley, the Evolution of Everything

The evidence shows that for an individual Education pays big time. If you have more degrees you get more money. Employers see the degrees as evidence that you are a docile future employee.

For countries the bet on more education & more degrees doesn't work? why?

i don't know but i guess people with degrees don't have more productivity vs....
what they learn doesn't work in practice
College don't make you a better person
and finally many jobs are destined to holders of high degrees and normal people could do them easily and that is a waste of money &time.

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