Professor Mark J. Perry's Blog for Economics and Finance
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
20 Comments:
God help us :)
zoology?
that's a surprise.
what is it all these zoo majors are doing? i don't really get that one.
Studying congress, Morganovich.
chimps are better groomed and far more civilized than that, methinks.
Methinks: "Studying congress, Morganovich."
I believe you're right. Weren't most top executives in large financial firms zoology majors?
I'd like to believe that this is all cause and effect, but I believe that there is some self-selection going on here.
...and for good reason.
maybe zoology majors just wind up being really good at dominance of peer groups from years of studying alpha males and females in the wild.
Ah, yes, chimps. But, hyenas, on the other hand....
Okay. That's funny, Ron. But, I maintain that cats in congress (particularly since they are so easily distracted and generally disinterested in the task at hand - usually frustrating the population) would be a massive improvement.
1.4 million in political science and government. There's a problem.
Methinks: "Okay. That's funny, Ron. But, I maintain that cats in congress (particularly since they are so easily distracted and generally disinterested in the task at hand - usually frustrating the population) would be a massive improvement.?"
You're right as usual. :)
The distribution on some of these majors has very, very long tails - in both directions.
political science & government?
...Oh, God help us
That table is worthless as it does not discern between trust fund babies and the self made 1%.
Worthless table.
The only degrees worth paying for are physical or health science degrees.
Notice that art majors are on that list...trust fund babies for sure.
methinks-
i think you are on to something with the hyenas idea.
crocodiles too. the tears play so well on tv and the metaphor of killing things, stuffing them under a riverbottom log until they putrefy, then eating them seems quite apt to our political process.
I'm pretty sure that economics is the #1 major among the top tier of schools as well.
I'm pretty sure that economics is the #1 major among the top tier of schools as well.
Well, certainly there isn't any causation here. As many of us may have experienced, rich lefty kids end up studying political science and government in disproportionate levels. Psych is also up there. Economics may be up there, but I can't speak from experience.
But of course, the best explanation why so many political science, government, psychology and econ majors are in the "top 1%"...is because these are the majors that make up the vast majority of law school recruits.
Bio and zoology are the typical undergrad degrees taken if one wants to continue into a field of medicine.
So what we've got here is...lawyers and doctors. We already knew that lawyers and doctors make more than almost any other group.
I don't see much in the way of cause and effect here. It makes sense that those most driven by the need to obtain money, would have the most interest in learning how to go about it. Espescially f the training comes with a liberal dose of amoral philosophy.
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