Re:No one cared about my spreadsheets
by whatshisface on Thursday February 17, 2022 @03:30PM
(#30378233)
>My priors already have education being a net benefit as highly probable, and I'll update, but not much.
How'd you get those priors?
I guess just a life of listening to people, like economists, who were in more knowledgable positions than I, repeatedly saying it over and over again.
I'm in no personal position to otherwise say boo.
Re:No one cared about my spreadsheets
by whatshisface on Thursday February 17, 2022 @08:59PM
(#30381296)
Brian's schtick boils down to pointing out that sometimes, economists say things over and over again just because they, themselves, have heard them said over and over again - with the added trick (making it much more valuable) of proposing something better-researched than what they keep repeating. I guess that's my point, that this may be one of those. It'd be usual for him if it was.
But my hobbyist friend lacked what I think is important here. The humility to see that the piles of multiplication for the handwavey guesses that they are. Caplan's spreadsheets, to me, made his argument more persuasive. But still not that persuasive. My priors already have education being a net benefit as highly probable, and I'll update, but not much.
This seems rational to me.