I thought we were arguing over two things:
How much value is created through publicly funded education beyond basic literacy and numeracy, which Caplan cedes.
Whether Caplan's proposed changes to the education system are good ones.
How much value is created through publicly funded education beyond basic literacy and numeracy, which Caplan cedes.
Whether Caplan's proposed changes to the education system are good ones.
As for the second point, I wouldn't bet my life on it. But I think the case is strong enough that experimental measures in that direction are warranted.