RE: Ph.D. proliferation

2002-04-06 Thread fabio guillermo rojas
> orientation. Thus, as we become wealthier as a society, we are more able > to support children who pursue such uselss topics at the graduate > level.< > > Why, this could mean that the wealthy feel some sort of urge to preserve > civilization! > > Michael You are a very deluded person if you

RE: Ph.D. proliferation

2002-04-06 Thread Michael Etchison
This is very ominous news indeed: fabio guillermo rojas: >A consistent findng in the college major selection literature is that family background has a positive effect on choosing usless majors like philosophy or history, controlling for ability and vocational orientation. Thus, as we become wea

Re: Ph.D. proliferation

2002-04-06 Thread fabio guillermo rojas
> A major puzzle: After a lot of taught about the watering-down of the > degree, the article observes that average time to completion has risen > from 4 years to 10 or so. At least on the surface, this sounds like > standards are a lot tougher! This is just what you'd expect to happen > in a si

RE: re : securities analysis

2002-04-06 Thread david mitchinson
Anecdotally (speaking as a fund manager) it 'feels' like the January effect is happening in Q4 as investors try and front run the January performance. David -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] On Behalf Of Bryan Caplan Sent: 05 April 2002 20:34 To: [EMAI

Ph.D. proliferation

2002-04-06 Thread Bryan D Caplan
There is an interesting piece on the evolution of the Ph.D. at: http://www.washingtonpost.com/ac2/wp-dyn?pagename=article&node=&contentId=A42186-2002Mar17 A major puzzle: After a lot of taught about the watering-down of the degree, the article observes that average time to completion has risen f