What Bryan Caplan thinks about inflation

@bryan-caplan · 22 positions · On ppll ↗

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Only Bryan Caplan on inflation. See everyone on inflation

1 dated position, 2025, in their own words. Our reading of what Bryan Caplan has said — not written or endorsed by them.

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19 Feb 2025

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

government education

Their wordsSince signaling, not building human capital, is the main function of education, the main effect of government subsidies is credential inflation.

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