Handheld Shields (World War I)
25 Jan 2019 Leave a comment
in defence economics, war and peace Tags: World War I
Sound Ranging and the End of The War
25 Jan 2019 Leave a comment
in defence economics, war and peace Tags: World War I
Day 24 of @Eugeniesage’s #plasticbagfascism: 11th 20 cent bag
24 Jan 2019 Leave a comment
in environmental economics, politics - New Zealand Tags: recycling
Review: “Human Capital vs. Signaling is Empirically Unresolvable” by Nick Huntington-Klein (CSU Fullerton, August 2018)
24 Jan 2019 Leave a comment
Contact Nick Huntington-Klein here.
Is education a process by which individuals acquire useful skills, or one whereby individuals who already possess skills set themselves apart from others? In theory, the distinction between these two visions of the education process carry radically different implications for whether education is an enterprise worthy of public subsidy. While it’s hard to argue that either theory is completely false, much ink has been spilt in the tussle over whether one or the other predominates. Prior estimates of the proportion of returns to education attributable to signaling range from 10% to 80%.
In practice, argues Nick Huntington-Klein, these models are so difficult to disentangle from one another that there’s no point trying.
Huntington-Klein’s persuasive if somewhat depressing argument begins with a basic mediating variables framework: if there is a causal link between education and individual outcomes, signaling and human…
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Don Rickles at the AFI Life Achievement Award Tribute to Clint Eastwood
24 Jan 2019 Leave a comment
in movies
James M. Buchanan: Antitrust and Politics as a Process
24 Jan 2019 Leave a comment
in Austrian economics, comparative institutional analysis, constitutional political economy, economics of regulation, industrial organisation, James Buchanan, law and economics Tags: antitrust economics, special interests, The meaning of competition
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