Revisited," by Gary North at www.lewrockwell.com/north/north427.html, looks at the relationship between getting a doctorate and making money.
In the worldwide suckers' market, gamblers are the only people who are slower to learn than young adults with master's degrees. Bright graduate students possess a pair of nonmarketable skills: the ability to write term papers and the ability to take academic exams. They are also economic illiterates and incurably naïve....
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