by Jon Lackman | 10 May 2006 | Uncategorized
From blogger foozini: “For those that are considering a useless degree like art history…. ‘Where the consumers do not value what is being produced, the investment should not pay off. When people insist on specializing in a field for which there is little demand, their investment has been a waste of scarce resources that could have produced something else that others wanted. The low pay and sparse employment opportunities in that field are a compelling signal to them – and to others coming after them – to stop making such investments.’ –Thomas Sowell, Basic Economics“
