Friday, December 28, 2007

The Merits of Education

What I find amazing, is that we always go back to how much people make as the primary measure of success. I don't disagree with it, but if it were up to leftists we'd use things like the "Human Development Index." Regardless, another chart that correlates education with that worthless metric of income per capita;

6 comments:

Andrew L said...

Hey Captain, is there any way you could go back to publishing reader comments automatically without first approving them? As I recall, the main reason you enabled comment moderation in the first place was to keep one specific individual from posting, and since that was over a year ago he's probably gotten the message by now that his posts aren't welcome here.

Also, if you decide to keep comment moderation, could you at least disable the word verification spam filter? It seems redundant to have both, and it's annoying always having to type in random strings of letters whenever I post.

Thanks!

Gabriel M said...

What do the colors code?

Anonymous said...

Does this show that education is a good consumed by the wealthy or that wealth is something created by the educated or does it show something less direct?
Are there any measures of quality of education? (You have commented on what you believe to be the worthlessness of some fields of study.)
John

Anonymous said...

What is the source of the chart?

Interesting that the salary axis is exponential...

Captain Capitalism said...

Andrew,

Would like to, but he wasn't the only troll on the board. Once you get a large enough blog you'll get wanna be's it becomes too much of a headache. If not for trolls, but for the spam/false ads people plug on the site.

Gabe,

I'm thinking 1st, 2nd and 3rd world?

John,

Good point. I think that correlation is stronger in the richer countries where people can afford education as a career rather than a means to support oneself.

Anon - Good eye with the exponential axis.

Anonymous said...

Funny how the places with lots of education but horrible performance are socialist hellholes. They get bonus points on the Human Development Index for all that education, even if they don't actually learn anything except subservience to the State.