Tuesday, October 07, 2008
Higher Education Forum
Cato Unbound is having a forum on higher education. Charles Murray is writing the lead essay and his basic view is that too many, not too few people are going to college. Many people are tempermentally or intelllectually ill suited to a traditional 4 year college. A system of national certifications (such as a CPA, CFA, etc.) should be built up to substitute or supplant the signaling function of a BA. I highly encourage you to read Bryan Caplan's essay (GMU professor, econlog blogger, and author of the Myth of the Rational Voter). Here's an interesting outline of his on the signalling.