Mark Thoma is a professor somewhere over in the US. Professors over in the US face a certain amount of compeition from online courses:
But traditional colleges are not going away, and the potential of online education to reduce inequality is overrated.
So let us not talk about the relative abilities of tenured professors and online courses to provide education. No, unh, unh, let us instead talk about inequality.
Online education has the potential to lift the incomes of people throughout the world. Because of online education, many people will end up much better off than otherwise. But we should not rely upon online education as the primary solution to the problems workers face due to globalization, technological change, and a political environment that puts the interests of business above those of the working class.
Or, don’t worry about the education bit, just keep employing me because I run a blog that talks about those inequality things.
You know, please, not the face, please don’t hurt me!