[Hermitian909]

I thought we were arguing over two things:

How much value is created through publicly funded education beyond basic literacy and numeracy, which Caplan cedes.

Whether Caplan's proposed changes to the education system are good ones.

[soberhoff]

Regarding the first point, Caplan personally estimates that about 80% of education is signalling and that 30% is the lowest figure one can plausibly maintain.

As for the second point, I wouldn't bet my life on it. But I think the case is strong enough that experimental measures in that direction are warranted.