On Fri, 27 Oct 2000, Bryan Caplan wrote:
> more information. Better if Bill summarizes, but on the whole I'd say
> he concluded that M/H's SES moderately understates the importance of
> SES, but intelligence still matters a great deal.
Don't get me wrong: I'm not claiming that intelligence doesn't matter.
What I'm claiming is that disentangling the marginal effect of
intelligence from other factors that influence various outcomes is
not "pretty easy." In particular, the approach taken by M/H is so
statistically inept that it's impossible to discern from their work
whether intelligence matters directly, and if it does, by how much.
Chris Auld (403)220-4098
Economics, University of Calgary <mailto:[EMAIL PROTECTED]>
Calgary, Alberta, Canada <URL:http://jerry.ss.ucalgary.ca/>
