Also, Economics is only quantitatively better than Religion.
Yes, given that economics is apparently one of the most lucrative fields around going by Caplan’s recent post on majors, it’s interesting that the econ students aren’t ranked even higher.
Chicken-and-egg problem: Non-economics majors don’t think economically enough to choose fields on the basis of their remuneration?
That seems to explain why Econ majors get a premium, but that doesn’t seem to explain why econ majors don’t rank higher, or am I missing something?
Yes, given that economics is apparently one of the most lucrative fields around going by Caplan’s recent post on majors, it’s interesting that the econ students aren’t ranked even higher.
Chicken-and-egg problem: Non-economics majors don’t think economically enough to choose fields on the basis of their remuneration?
That seems to explain why Econ majors get a premium, but that doesn’t seem to explain why econ majors don’t rank higher, or am I missing something?