May. 3, 2011 at 6:00am with 12 notes
arnold klingeconlogsignalingeducationauthority
“
In a hierarchy, signaling respect for the hierarchy is very important. … I think this offers a potential insight into the signaling role of education. It does not just signal intelligence or conscientiousness, which could be signaled more cheaply in other ways. It signals respect for hierarchy.
— The Education Hierarchy and Signaling, Arnold Kling | EconLog
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