"Here are the 14 highest-paying bachelor's degrees"
November 29, 2023
Economics is #7.
Economics is #7.
He says it outperforms the "market". If he is onto something--and someone would need to check his figures--then it shouldn't last very long (and may already be over).
More here.
"The United States has about 20 years for corrective action after which no amount of future tax increases or spending cuts could avoid the government defaulting on its debt."
Related:
There's No Easy Way Out of This Debt Spiral.
What it would cost to stabilize the soaring national debt.
Underlying US Budget Gap Doubled in Latest Year. (Shows the sources of this increase.)
The Real Scandal in Washington Is the Government's Reckless Spending.
Joseph Calhoun of Alhambra Investments tacitly supports Milton Friedman:
I am constantly amazed that economists who consider themselves staunch capitalists, believe that, given sufficient information, they could do what they firmly believe socialists and communists cannot. Namely, to shape the economy through policy, fiscal and/or monetary, to produce a better outcome than the market left to its own devices.
A novel ranking.
Which sector has had the greatest 9-month employment change? Guess. Go ahead, guess.
I didn't learn my economics from Heinlein but this takes me back anyway: I read a lot of Heinlein when I was a kid.
Another proof of Thomas Sowell's Axiom: There are no solutions, only tradeoffs.
Something I stressed when I taught: "I believe that a better approach is instead to focus on the greatest side-benefit of learning economics. This benefit is not a public good, but a fully private one: Economics is interesting. Economics begins with the investigation of one of the most gripping mysteries of human society. . . ."