korrents

Our readingWhat is a korrent?

The main function of education is signalling rather than building skill, so subsidising it mostly inflates credentials.

Drawn from what Bryan Caplan said

What these subjects mean

government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

education How children are taught and tested: schools, tutoring, what a lesson at the right level does, and what AI changes.

Signalling

What Bryan Caplan actually said

  1. Bryan Caplan
    Since signaling, not building human capital, is the main function of education, the main effect of government subsidies is credential inflation.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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