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gwern comments on Problems in Education - Less Wrong Discussion

65 Post author: ThinkOfTheChildren 08 April 2013 09:29PM

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Comment author: gwern 10 April 2013 08:13:08PM 4 points [-]

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.

Comment author: Eliezer_Yudkowsky 10 April 2013 09:28:32PM 3 points [-]

Chicken-and-egg problem: Non-economics majors don't think economically enough to choose fields on the basis of their remuneration?

Comment author: Matt_Simpson 10 April 2013 09:46:14PM 0 points [-]

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?