In this topic, you share a text relevant to EA, such as an article, essay, blog post, book or academic paper. I tell you three errors.
I’m offering to help EA by finding errors that people didn’t know about. Please only submit texts for which knowing errors would be valuable to you. I hope this will be useful and appreciated.
Details
If I post errors for your text, you must choose to debate one of the errors with me or choose not to debate. A one sentence reply explicitly opting out of debating is fine, but silence violates the game rules. Other feedback, such as which errors you agree or disagree with, is also welcome.
I only guarantee to do this for up to 5 submissions made within 5 days. First come, first serve. Limit 1 per person.
You must have already read the text in full yourself and like it a lot. (If you skipped reading notes or appendices, that’s fine, but state it.)
I must be able to find a free, electronic copy of the text. I can frequently find this for paywalled texts. If you already have a link or the file itself, please send it to me (DMs are fine).
If I can’t find three errors, I’ll say that. I don’t expect this to come up much. If it does, my expectation was wrong. I have two beliefs here. First, I’ll be able to find errors in texts that I disagree with. Second, people here are likely to share stuff I have disagreements with. To give a number, I predict finding errors for at least 80% of texts.
I expect prose texts over 1000 words long that say something reasonably substantial and complex. Otherwise I may aim to find fewer errors.
I’m not agreeing to read the whole text. My plan is to read enough to find three errors then stop. If something is addressed in a part I didn’t read, you can tell me and I’ll respond. I have experience replying based on partial reading and it’s rarely a problem.
I will only post errors that I consider important. If you consider an error unimportant, let me know and I’ll explain my perspective. You’re welcome to do that before either choosing an error to debate or choosing not to debate. You may want to state why you think it’s unimportant so I can address your reasoning, but I can explain importance regardless.
Your EA forum account must have been created in Sept 2022 or earlier.
Bonuses
Maybe this will inspire someone else to host the same game or a similar game.
This can serve as some examples of replying to the first error (well, first three).
My response to Error 1:
As I understand it your key points are this:
Here's my response:
1.
I get what you're saying here - in fact I was offered a software engineering job out of high school and turned it down. I a friend who made the same decision. I don't think this argument works overall, though, for three reasons. First, getting your foot in the door is decently challenging. Second, it limits your employment options in a way that's not practical. Third, college is an extremely good value proposition for the sort of person who could get a high paying job out of high school.
So how could you get your foot in the door? In my case, a former teacher got me an internship that was meant for a college student - then I had to interview well. In the case of my friend, he had some really impressive projects on GitHub which got him noticed (for a summer job). So there's an element of luck (having connections) or perhaps innate talent (not many people, regardless of if they have a degree, build a really interesting solo project). Luck is luck, but perhaps a motivated person of average talent could build a solo project good enough to land them a job with no degree. Doing so, however, is a risky proposition. You'd be investing a lot of time and effort into a chance for a job. At the same time, you wouldn't have a good understanding of the odds because it's such an uncommon path.
Even if you landed one of those jobs, there's a good chance it would be far away from your family because companies that are willing to hire someone straight out of high school are so few and far between. Even for someone who's willing to move away from family, they'd then need to have the money saved up to make that leap. And if you do get the job? Better hope you don't get fired. If so, you'll have extremely limited employment options compared to someone with a degree because 99% of employers are simply going to throw away your resume. You may have to uproot your life and move again.
Lastly, for the few people who are in a really good position to get a high paying job out of high school, college is a really good value proposition. If you're impressive enough to land that job, you can probably also get a merit-based scholarship. You can also go to a top-tier school where you'll be able to marry rich (as Caplan discusses), network, and take advantages of opportunities for research and entrepreneurship. Alternatively, you might be able to skate by without putting a lot of hours in and use your free time for something else, further reducing the opportunity cost of college.
2.
Only 40% of small businesses turn a profit (https://www.chamberofcommerce.org/small-business-statistics/). A 60% chance of making no money or losing money is an unacceptable risk for 18 year olds. Where are the savings accounts that are going to pay for their food and housing if they aren't making an income?
Plus, they'd need funding. A business loan for a new entrepreneur out of high school is not a thing. They look at your personal credit score. They may require collateral. SBA loans look at invested equity.
VC-backed ventures are even riskier. Founders typically work for nothing for years (which recent high school grads just can't do because they don't have money saved up to live on) for a slim shot at getting rich.
Overall, entrepreneurship is a high risk, high reward option which is not a similar value proposition to college.
3.
Caplan mentions this in chapter 8. Caplan essentially argues that vocational education also pays. Comparing between vocational and collegiate education is challenging due limited data.
4.
If you don't count opportunity costs, doesn't that make college look even better?
5.
I agree with you - Caplan is way too dismissive of this.