Ramesh — Funny you should mention this subject today: It’s one of the topics Matt Yglesias and I discussed on bloggingheads.tv yesterday. Here’s the clip:

I’m afraid I wasn’t very articulate when the discussion turned to Goldin and Katz and their work on education and inequality. I did a poor job recapitulating the critiques of Goldin and Katz made by, among others, Jim Manzi, Arnold Kling, John Merrifield, and Russ Roberts. I think I did a better job defending the argument that universities have become very adept at capturing tuition subsidies, but it helps to have substantial empirical evidence on that point to fall back on.

In any case, I’m glad you brought this up, and I would highly recommend your article to anyone interested in reading more on this subject.

Full bloggingheads conversation here.