I’m going to step back from economics for a moment and write about teaching economics to both undergraduates and graduate students. Based on that experience, I have some advice for talented high school students: Don’t go to college.
And advice for talented college graduates: Don’t get a job.
A Complete Education
Of course there is a caveat. You should do both of them eventually, just not right away. Take a year off, either after high school or after college.
Use that year to do something interesting that you’ll likely never be able to do again: write a book, hike the Appalachian Trail, live with your grandparents, trek in Katmandu, volunteer at a health clinic in India, or serve your country in the military.
Just do something that will make you a more complete person. I suspect that it’ll also make you appreciate your education more (and, ironically, make you more attractive when you do apply for college or enter the job market).