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"