Jun
12
“So whereas I thought that by driving my students hard in my courses I give them human capital that helps them in their future careers, the truth is that by driving my students hard I cause hard-working, smart students to self-select into my classes. With economics degree in hand, they signal their future employers that they are smart, hard-working students (otherwise they would’ve majored in Political Science for god’s sake!), and they are rewarded with high-paying jobs. My value-added: virtually nothing, except for the rubber stamp.”
Blogger Creative Destruction on Economics and Political Science.
