Good point. At the lower levels, recent grad and early/mid career levels, I would definitely agree. Not as sure about leadership levels though.
this territory is moderated
I only know a few older government economists and their competence level is frankly an embarrassment to the profession.
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I'm just catching back up here.
A government economists seems like an oxymoron and I'm sure it is.
I think the best government employees are Park Rangers. And guess where they have to work?
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Most economists work for the government. It's not ideal.
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It's ideal for them because they can't get a job doing anything else. It's welfare.
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That's really not true. They just can't get jobs that are nearly so easy.
Economists actually have lots of job opportunities in the private sector, but we don't generally want them.
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Economists actually have lots of job opportunities in the private sector, but we don't generally want them
I think a lot of that has to do with socialization at grad school which sees academia as the only measure of success.
I had a number of my classmates go into private sector, mostly into data science in the tech industry, and I'm honestly kinda jealous of them.
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There's obviously a lot of crowding out, too. If universities were private and the government didn't have so many statistical agencies, then many of those jobs would be in the private sector.
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Like Thomas Sowell is tenured and he's very valuable.
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We need more Thomas sowells and less Paul krugmans
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*fewer
Needlessly Pedantic Man was here.