Thinking About A PhD In Economics?

Ali has some advice for you. It's similar to what I've been giving to people thinking about going to law school. Here is part of Ali's reason why.

Of course, if you want to ignore Ali's recommendation (as Bryan Caplan would suggest you do), here is some advice for young economists. (HT Tyler Cowen)

For the record, I'd have to side with Caplan on this issue and raise this as a challenge to Ali and others interested in entering the profession.

What I think has Ali feeling a little down is that he just discovered the "dull hypothesis":



Poor Ali...