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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Episoder(98)

Ep76 “How Should You Deal with Uncertainty in Today's World?” with Nick Bloom

Ep76 “How Should You Deal with Uncertainty in Today's World?” with Nick Bloom

What do measures of uncertainty tell us about the state of the economy and how should firms and households use those measurements to inform decision-making? Hosts and finance professors Jonathan Berk ...

15 Apr 33min

Ep75 The Misleading Truth Behind IRR

Ep75 The Misleading Truth Behind IRR

Despite it being widely taught in business schools and practiced in the industry, you should think twice before using the internal rate of return as a criteria for making an investment decision. Hosts...

2 Apr 26min

Ep74 Is The Financial Sector Good for Society?

Ep74 Is The Financial Sector Good for Society?

What value does a financial sector add to society? How would society function without a financial sector?  In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen make the...

18 Mar 18min

Rerun: Ep29 “How Do You Become CEO?” with Dirk Jenter

Rerun: Ep29 “How Do You Become CEO?” with Dirk Jenter

All Else Equal is on Spring Break this week, so we’re revisiting one of our most popular episodes dealing with the question: How does one become a CEO? We’ll be back with new episodes in two weeks.  A...

4 Mar 33min

Ep73 “The Dangers of Group Think on Decision Making” with Adi Sunderam

Ep73 “The Dangers of Group Think on Decision Making” with Adi Sunderam

Whether it be in politics, public health, or corporate finance, why are people more likely to interpret facts or data in a way that fits their preconceived notions about the world as opposed to search...

19 Feb 33min

Ep72 Alternatives vs. Mutual Funds: Where Should You Put Your Money

Ep72 Alternatives vs. Mutual Funds: Where Should You Put Your Money

In the rapid-moving world of delegated money management, it is important to recognize the differences in how mutual funds and alternative assets operate. When it comes to alternatives, how do these fu...

4 Feb 31min

Ep71 “The Working From Home Revolution” with Nick Bloom

Ep71 “The Working From Home Revolution” with Nick Bloom

When the pandemic hit in 2020, working from home skyrocketed. Six years later, many companies have returned to in-person work, but hybrid models are still the dominant structure. So with WFH here to s...

22 Jan 28min

Ep70 "The Science Behind Why We Don’t Just Say What We Mean" with Psychologist Steven Pinker - Part 2

Ep70 "The Science Behind Why We Don’t Just Say What We Mean" with Psychologist Steven Pinker - Part 2

In the final part of this two-part interview, Steven Pinker, an experimental psychologist and Harvard professor, again joins hosts and finance professors Jonathan Berk and Jules van Binsbergen to disc...

7 Jan 23min

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