Apologies for my naiveté, but is a possible explanation that you’ve overlooked simply that the job market entered by those with interests in economics have on average higher paying jobs?
There’s then the question of why the job market that they enter has higher paying jobs. Is it because economics majors want higher paying jobs? Because economics majors are uniquely qualified for those jobs? Because they have a dispositional preference for the higher paying jobs for reasons other than making money?
I intended my taxonomy to cover all of these possibilities, but maybe there’s something left out. Let me know if there’s something that seems to be missing.
Apologies for my naiveté, but is a possible explanation that you’ve overlooked simply that the job market entered by those with interests in economics have on average higher paying jobs?
There’s then the question of why the job market that they enter has higher paying jobs. Is it because economics majors want higher paying jobs? Because economics majors are uniquely qualified for those jobs? Because they have a dispositional preference for the higher paying jobs for reasons other than making money?
I intended my taxonomy to cover all of these possibilities, but maybe there’s something left out. Let me know if there’s something that seems to be missing.