Discussion about this post

User's avatar
Alan's avatar

The education industrial complex is one of our more pernicious sectors. I think of all the master degree mills here in DC and replicated across the nation giving people masters in things like International Communications (American) and the like. Total dead weight loss. We need someone to articulate a full policy suite that can curb this sector. Obviously no federal loan support but what else. Can we really legislate against degree requirements for jobs? Seems iffy.

Expand full comment
Christopher B's avatar

I was thinking this in response to your previous fertility post but it fits even better here.

There's an old jibe in IT (and probably other areas of project management) about attempts to get a poorly performing team to complete tasks by adding resources - "Nine women can't have a baby in a month."

I think this fits here. Peak fertility for humans has, if anything, moved to younger ages. At older ages fertility is often a product of medical intervention such as IVF, and the outcome is often not as successful. The increasing chance of all kinds of congenital issues with increasing parental age is at least suspected if not always attested. But nothing reasonably conceivable is going to change the fact that it takes about a year to produce a child. Anything that delays the start of family formation limits the number of successful pregnancies a woman can have. This is likely the primary impact of education, especially for women (which is why madrassas are a counter-example), as well as declining marriage rates. It could even correlate with lower infant mortality due to increasing the time between pregnancies. I am dubious about measuring the desired vs actual number of kids. It seems likely to be affected by a 20/20 hindsight or Goldilocks bias.

FWIW, the US post-WWII baby boom also coincided with the lowest median age of first marriage between 1890 and the present.

https://www.census.gov/content/dam/Census/library/visualizations/time-series/demo/families-and-households/ms-2.pdf

Expand full comment
54 more comments...

No posts