20.3.06

CAN'T GIVE A PH.D. AWAY. I received a message today from an economics e-mail list.
Does anyone have a promising student that is looking to pursue a masters or doctorate? We still have slots open for next year's class of students and financially competitive assistantships are still available.
I'm going to withhold judgement on this missive as the website for the department in question offers scant information about its faculty publication performance or the placement of its graduates. (And it would be mean to identify the department. Sorry.)

But it does shed some light on why there is no industrial reserve army of unemployed economics Ph.D.s. Apparently admission to a doctoral program, ANY doctoral program, is not that great a prize.

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