Diminishing returns exist in education: moving a population from illiteracy to primary literacy produces massive productivity gains; secondary education produces substantial but smaller gains; university education produces minimal additional productivity gains, suggesting advanced education is not economically justified by productivity returns.
factualpending
Speaker
John RapleyEvidence Quote
“in education, there are diminishing returns... basic literacy... very large leap in productivity... secondary diploma... much smaller return... university... almost no productivity gain”
Source
Rich Countries Are the Most Likely to COLLAPSE | Aaron Bastani Meets John Rapley— Novara MediaCreated: 8/11/2026, 4:59:43 AM
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