EP 159 Is There A Case Against Spending Public Funds On Education?

 

Just as some argue against public monies in health care and retirement plans, there are a growing number of people questioning the public investment in education.  On this episode of our podcast, Bryan Caplan, a professor of economics at George Mason University, argues that the primary function of education is not to enhance students’ skill but rather to certify their readiness to enter the workforce.  He feels much of what is taught–and what is spent–is a waste. Given that graduation is our society’s top conformity signal, he’s realistic that this ‘industry’ will likely contain as is, but he argues strenuously for a re-examination of its benefits.  It’s explosive stuff. Take a listen.

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