Why Education Does Not Fix Poverty (2015)
Well, yeah. Education increases individual income primarily through competitive advantage in the job market, right? But, also, the function of education in the job market is largely just as a certification arms race, right? Just a ritual we go through to compete for jobs that don’t actually make any use of or require our advanced educations, in most cases. So educating us all doesn’t produce many benefits, because the benefits (so far as the job market was concerned) were largely relative rather than absolute to begin with.(In case it matters, I’ve felt this same way as a student, as a teacher, and as a member of industry. From every side, it has seemed to me that an awful lot of time, money, and effort is spent on a process that is not actually valued in any direct, substantial way, for the most part, but rather is used only as some competitive signaling filter.)