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Today, the Nobel Prize in Economics was awarded to Joel Mokyr (Northwestern University), Philippe Aghion (London School of Economics), and Peter Howitt (Brown University) “for having explained innovation-driven economic growth.”1 This follows a recent trend for the Committee to award to economics focused on economic…

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1

The Math Myth

Math professor David Edwards sent me this short essay on mathematical education. Printed with his permission. The Math Myth Themath myth is the myth that the future of the American economy is dependent upon the masses having higher mathematics skills. This myth goes back to at least Sputnik, when the Russians were…

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How Elite Firms Hire: The Inside Story

I highly recommend Lauren Rivera’s “Ivies, Extracurriculars, and Exclusion” (Research in Social Stratification and Mobility 2011). Not only is the piece careful, edifying, and interesting; it’s even emotionally affecting. Learning more about elite hiring actually replaced my apathy toward elite firms with sour grapes…

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What's Wrong with Students?

Former philosophy professor and successful humorist Dennis Fried sent me some poignant comments on my piece in The Atlantic. Reprinted with Fried’s permission. Dear Dr. Caplan, I just read your article in Atlantic magazine and was blown away by the brutal honesty displayed there, especially coming from someone whose…