Does A Better-Educated Population Really Make A Better Society? (Maybe Not?)
"Since individuals' investment in their own education is personally rewarding, you might infer that government investment in society's education would be socially rewarding. But this is a classic 'fallacy of composition.'... Yes, schooling is selfishly lucrative"at least for strong students. On a societal level, however, it is shockingly wasteful for students weak and strong. Federal, […]
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