Ep64 "Why Higher Education Needs a Massive Overhaul: Are the Kids Even Learning Anything?" with Bryan Caplan

Ep64 "Why Higher Education Needs a Massive Overhaul: Are the Kids Even Learning Anything?" with Bryan Caplan

While a higher education may help your career in terms of income, how much of what you’re taught in a classroom actually prepares you for the work you do on the job?

Hosts and finance professors Jonathan Berk and Jules van Binsbergen chat with economist Bryan Caplan about his book, “The Case Against Education.” In the book, Bryan lays out why education these days is less about what you’re learning, and more about signaling to future employers that you’ll be a good hire.

Jonathan, Jules, and Bryan discuss the pitfalls of a modern liberal arts education, historical shifts that got us here, and what could be a more effective way of teaching.

Find All Else Equal on the web: https://lauder.wharton.upenn.edu/allelse/

All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM.


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Ep56 “When Should We Lie for the Greater Good?” with John Ioannidis

Ep56 “When Should We Lie for the Greater Good?” with John Ioannidis

Is it acceptable for doctors to lie to their patients, or withhold some of the truth, if it’s in the patient’s best interest? In this episode, hosts and finance professors Jonathan Berk and Jules van ...

12 Helmi 202534min

Ep55 “The Future Of The MBA: From 3 Top Business Schools” with Madhav Rajan

Ep55 “The Future Of The MBA: From 3 Top Business Schools” with Madhav Rajan

As more and more universities move away from full-time MBA programs, what does the future of business education look like? How should it look?  In this episode, hear perspectives from three of the top...

29 Tammi 202532min

Ep54 “The Rise And Fall of Great Societies: Lessons from History” with Victor Davis Hanson

Ep54 “The Rise And Fall of Great Societies: Lessons from History” with Victor Davis Hanson

History shows that as societies rise to greatness, the scales eventually tip back and those societies fall. But what leads to that fall and are we heading toward one?  In this episode, hosts and finan...

15 Tammi 202529min

Rerun: Ep48 “Why CEOs are Underpaid” with Dirk Jenter

Rerun: Ep48 “Why CEOs are Underpaid” with Dirk Jenter

As we ring in the new year, we’re bringing back one of our favorite episodes! Handpicked by Jules and Jonathan, this previous conversation is perfect for starting your year with thought-provoking insi...

2 Tammi 202529min

Ep53 “The Truth About Inflation and Price Caps: Learn From Argentina” with Veronica Rappoport

Ep53 “The Truth About Inflation and Price Caps: Learn From Argentina” with Veronica Rappoport

During the 2024 U.S. presidential election, inflation was one of the most talked about issues, and there was one policy idea to get inflation under control that kept coming up: price caps. But history...

18 Joulu 202426min

Ep52 “Should Legacy Admissions at Universities Be Illegal?” with Patrick Awuah

Ep52 “Should Legacy Admissions at Universities Be Illegal?” with Patrick Awuah

Should legacy admissions at colleges and universities be banned? What are the benefits and tradeoffs of admitting students based on their legacy status? In this episode, hosts and finance professors J...

11 Joulu 202426min

Ep51 Celebrating 50 Episodes: The Biggest All Else Equal Mistakes

Ep51 Celebrating 50 Episodes: The Biggest All Else Equal Mistakes

The All Else Equal: Making Better Decisions podcast has officially done 50 episodes! To commemorate the milestone, hosts and finance professors Jonathan Berk and Jules van Binsbergen look back on some...

14 Marras 202427min

Ep50 “Is Proxy Advising a Catch-22?” with Chester Spatt

Ep50 “Is Proxy Advising a Catch-22?” with Chester Spatt

If the purpose of a proxy advisory firm is to gather information and advise shareholders on how to vote, then how do the firms handle the many different goals and incentives each shareholder brings to...

30 Loka 202424min

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