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There’s a battle going on, between the blue and the grey

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Does it seem plausible that education serves (in whole or part) as a signal of ability rather than simply a means to enhance productivity? (…)

Many MIT students will be hired by consulting firms that have no use for any of these skills. Why do these consulting firms recruit at MIT, not at Hampshire College, which produces many students with no engineering or computer science skills (let alone, knowledge of signaling models)?

Why did you choose MIT over your state university that probably costs one-third as much?

{ David Autor/MIT | PDF }

photo { Robert Frank }





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