[Faark]

> In the signaling model, subsidizing everyone’s schooling to improve our jobs is like urging everyone to stand up at a concert to improve our views.

It seems that model doesn't even attempt to pretend anymore that our society gives equal opportunity to everyone? Now only the rich shall have the opportunity to signal? That's why I didn't want to go into the actual proposals in that critique... at best they seem to ignore all the complexity of the actual world we live in. Kinda reminded me of someone who just discovered Libertarianism and now thinks governments are totally unnecessary.

If his argument would be "we should reduce signaling", I'd totally love for that to be possible. But I'm not sure it actually is, when taking all the game-theoretic aspects of the real world into account. Maybe all he wants is to reset the out of control spiral of signaling for now? But if the only way we can do so is also a 0.1%er-capitalists wet dream, then I've little hope for the future. Signaling will always exist and be necessary as long as there is a competitive job market, and I don't see society working without.

Anyway, thanks for taking the time to respond. I like the first observation, since it highlights how narrow the allowed path for effective signaling is. Just finishing the material isn't enough, you have to be accepted into the school through official ways. Some observations are kind of weak, though. Especially the second, since it boils down to many people preferring short term gratification over long term success. Students will cheer even if tests are standardized and those canceled classes thus will lead to worse grades => failure at signaling.