Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (38690)	9/23/2003 8:49:40 PM
From: yard_man	Read Replies (2) of 74559

>>I skipped most of my college economics classes.<< Got a perfect score on my final in macro -- and a letter asking me to major in economics. I knew there wasn't any money in that, so I went to engineering school -- ho ho ho. Macro was a bunch of worthless Keynsian baloney -- thank goodness none of it stuck, but I can still do something useful ... like calculate an FFT using one of those butterfly diagrams or match impedances for a transmission liner tuner using a Smith chart. <vbg> A PhD in economics would only be a severe impediment to understanding anything in the real world -- all they know is econometrics -- just stick everything in one big regression and you can explain ANYTHING. Worked with one of them for a while -- he used to say something like -- thought about nuclear physics, but I wanted a real challenge -- so I got a PHd in economics. I had to snicker to keep from rolling in the floor every time he said that.

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