Tuesday, January 1, 2008

Mankiw's New Year Resolution for Economists

I wonder how different the economics profession would be if economists were expected to do a year of service outside of academia or, at the very least, if university hiring committees rewarded a year of real-world experience as the equivalent of, say, a couple of academic publications. My conjecture is that the profession would be less creative but more useful.

- Career Advice from David Brooks

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