tag:blogger.com,1999:blog-5880610.post7579444438029896396..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: Higher education and human capital IISteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5880610.post-77609211995492542862008-07-13T02:50:00.000-04:002008-07-13T02:50:00.000-04:00It seems like it would be hard to do to put togeth...<I>It seems like it would be hard to do to put together an omnibus system that gets out of the smart kids what they are capable of, while enabling the next 30% to get more out of themselves.<BR/><BR/>Plan II is good, but, if it doesn't relate to the students affinities, it is probably a waste.</I><BR/><BR/>Plan II while I was there did exactly that, and it did it well. We were taught by some of Ahttps://www.blogger.com/profile/15572454480940962027noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-82493147783796828142008-06-30T12:10:00.000-04:002008-06-30T12:10:00.000-04:00Higher ed was traditionally this coordinate free p...Higher ed was traditionally this coordinate free philosophy of learning. It doesn't matter where you are, so long as you can synthesize higher order effects to move.<BR/><BR/>The practical hurdles to turning education into return on human capital investment are almost always the set of common-knowledge facts of an area. <BR/><BR/>For example, I could put together a quick design for the runs on Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-45902168073775158522008-06-30T10:45:00.000-04:002008-06-30T10:45:00.000-04:00Gaddeswarup: Oops, I didn't notice you meant histo...Gaddeswarup: Oops, I didn't notice you meant histories of *other* countries. I don't know of any comprehensive histories. Most of what I know is from quizzing foreigners (mostly scientists or students who have come to the US) that I meet.Steve Hsuhttps://www.blogger.com/profile/02428333897272913660noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-16600112166994616712008-06-30T10:43:00.000-04:002008-06-30T10:43:00.000-04:00If higher ed does not add much to human capital, b...If higher ed does not add much to human capital, but merely acts as a signaling / screening process, one would expect plan II people to excel due to their much higher SAT scores (IQ). I don't think the Texas data is definitive on this point, the way the verbal data I linked to in the previous post is.<BR/><BR/>A good reference on the history of US higher education is Nick Lemann's book The Big Steve Hsuhttps://www.blogger.com/profile/02428333897272913660noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-7563511441819109492008-06-30T04:47:00.000-04:002008-06-30T04:47:00.000-04:00A query. Can you give some references on the evolu...A query. Can you give some references on the evolution of education in different countries? I came across some interesting ones about USA by David Labaree but could not find about other countries.gaddeswaruphttps://www.blogger.com/profile/16509075029154476375noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-12098153186666193632008-06-30T00:46:00.000-04:002008-06-30T00:46:00.000-04:00Hmm. I'll read the study later, but I'm curious ho...Hmm. I'll read the study later, but I'm curious how the methodology worked here. Plan II is an excellent program, but many of the students dual-enroll in other majors and take a significant portion of their classes in other the other colleges at UT.<BR/><BR/>Many of us also seemed to regard Plan II as just a precursor to grad school in medicine, law, or business. Of course, Plan II is good Ahttps://www.blogger.com/profile/15572454480940962027noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-28623412783198340532008-06-29T22:34:00.000-04:002008-06-29T22:34:00.000-04:00Many entrepreneurs I knew personally over the year...Many entrepreneurs I knew personally over the years, didn't major in business when they were in college.<BR/><BR/>Not surprisingly, the folks who did hi-tech type startups typically had a background in engineering and/or science. The biotech startups typically had folks with a bio and/or chemistry background.<BR/><BR/>The folks who started small businesses, such as a corner store, restaurant, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-23541376379998370882008-06-29T20:47:00.000-04:002008-06-29T20:47:00.000-04:00Just as going to college sorts people according to...Just as going to college sorts people according to ability, what major they choose is also a sorting and signalling function. They do not make a high salary because they were business majors; the type of people who become business majors probably would have earned a lot of money regardless of their major and, indeed, regardless of whether they went to college at all. Choosing the business majorAnonymousnoreply@blogger.com