Category Archives: Economics of Education

Metrics meet the Null Hypothesis

From a podcast with Russ Roberts and Jerry Muller: what’s so striking when you read through a lot of this literature on pay-for-performance and standardized measurement combined with pay-for-performance is: How often the scholarly literature shows, in a variety of … Continue reading

Posted in Economics of Education | 12 Comments

Mis-measurement and Mis-leadership

My latest Medium essay, called Mis-Leadership and Metrics. An excerpt: Instead of holding teachers accountable to a centralized statistical office, I believe that teacher evaluation should be undertaken by peers, principals, and parents. Test scores can be unreliable indicators for … Continue reading

Posted in books and book reviews, Economics of Education, Libertarian Thought | 6 Comments

A Null Hypothesis Exception?

Alex Tabarrok writes, What if I told you that there is a method of education which significantly raises achievement, has been shown to work for students of a wide range of abilities, races, and socio-economic levels and has been shown … Continue reading

Posted in Economics of Education | 8 Comments

Me vs. Steven Pinker

In an interview, Pinker says, I’m skeptical about that we’re going to see enhancements of human nature by genetic engineering, nanotechnology, or neural implants (though these technologies may be used to mitigate disabilities, a different matter). We now know that … Continue reading

Posted in behavioral economics, Economics of Education | 11 Comments

Caplan, Hanushek, and my own views on education

A reader asked me to comment on the debate between Bryan Caplan and Eric Hanushek on the extent to which education confers real skills or is merely a signal. I thought that the only point that Hanushek scored was when … Continue reading

Posted in Economics of Education | 12 Comments

Russ Roberts and Bryan Caplan

One of my favorite podcast episodes, because Russ pushes back so hard and of course Bryan debates effectively. For example, Bryan says, I would say if there is no designable test that can show that people learn something, then they … Continue reading

Posted in Economics of Education | 5 Comments

The case against education

Made by Ben Wilterdink. unsurprisingly, one of the best ways to develop the soft skills necessary for labor market success comes in the form of entry level employment. A 2015 report from USAID concludes, “Theoretical literature suggests that adolescence and … Continue reading

Posted in Economics of Education, labor market | 6 Comments

Null Hypothesis Watch

Two papers that claim to reject it. 1. Michael Lovenheim and Alexander Willen write, We see consistent evidence that 12 years of exposure to a collective bargaining law negatively impacts both cognitive and noncognitive scores among men. AFQT percentile declines … Continue reading

Posted in Economics of Education, Tyler Cowen is my Favorite Blogger | 9 Comments

The Tyranny of Metrics

The book by Jerry Muller will be out shortly. It makes a strong case against the over-use of quantitative measures to fix compensation. Education is one example. If you believe the null hypothesis, then compensating teachers based on outcomes only … Continue reading

Posted in business economics, Economics of Education, Economics of Health Care | 4 Comments

What I’m Reading

Matthew Walker, Why We Sleep. Too far off the topic of political economy to compete for a place on my list of best books of the year, but very strongly recommended. Walker is highly opinionated. One of his opinions is … Continue reading

Posted in books and book reviews, Economics of Education | 12 Comments