Is rising education a symptom of progress?

posted by
April 15, 2012
by Bryan Caplan  
Posted in Commentary

"Workers in some countries are a lot more productive than workers in other countries. One of the main differences is that people in more productive countries have more education. When we hear that education in a country is going up, we normally take this as a sign that productivity is rising. Question: If the signaling model of education is right, does this mean that rising education is not a sign of progress? Does it mean that rising education is actually a sign of decay?!" (04/12/12)  

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