Does anyone know education's "beta," that is, the correlation between
the return to education and the average market rate of return? How much
of a risk-premium should education have compared to, say, bonds or
stocks?
--
Prof. Bryan Caplan
Department of Economics George Mason University
http://www.bcaplan.com [EMAIL PROTECTED]
"Familiar as the voice of the mind is to each, the highest merit we
ascribe to Moses, Plato, and Milton is, that they set at naught
books and traditions, and spoke not what men but what *they*
thought. A man should learn to detect and watch that gleam of
light which flashes across his mind from within, more than the
lustre of the firmament of bards and sages."
--Ralph Waldo Emerson, "Self-Reliance"
