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Re:Taking meldonium for performance enhancement by greglindahl on Tuesday August 29, 2017 @04:40PM (#15127432)
This is the "lump of labor" fallacy. The NBA has a finite number of teams and only adds to them slowly. Having more good white-collar professionals often means that companies can expand and make more money.

Even if there were a finite number of "slots", not funding smart poor kids to go to college is a dumb idea. Having smarter/better candidates for the "slots" is better.

Re:Taking meldonium for performance enhancement by ThrustVectoring on Tuesday August 29, 2017 @07:06PM (#15128358)
Of course, different professions have different amounts of "get a bigger piece of the pie" versus "make the pie bigger". The trades are more obviously positive-sum: if people get better at making houses, more houses end up getting built for people to enjoy. Things like patent trolling are negative-sum: when a patent-trolling office expands, they do so at the cost of putting others out of work at a greater rate.

However, this isn't the point that the "free college for everyone" crowd is aware of, let alone considering. It's straight equivocation between "college degree holder earns on average $X more" and "an extra college degree is worth $X more to society as a whole".