tag:blogger.com,1999:blog-3471471289744825428.post3729871306296734825..comments2024-03-11T00:31:41.186-07:00Comments on The Oregon Economics Blog: Wanna be a Part of the 1%? Study EconomicsPatrick Emersonhttp://www.blogger.com/profile/17242234148546323374noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3471471289744825428.post-51172870370606176702012-01-19T08:22:19.350-08:002012-01-19T08:22:19.350-08:00See Dann, we have already taught you well, you are...See Dann, we have already taught you well, you are already primed to become a 1%-er! Absolutely correct, selection into the major is probably a major reason for this correlation, those whose goal is to become a 1%-er (or from families whose wealth already puts them there) may be more likely to choose economics as a major.Patrick Emersonhttps://www.blogger.com/profile/17242234148546323374noreply@blogger.comtag:blogger.com,1999:blog-3471471289744825428.post-55067074190906276722012-01-19T08:12:02.761-08:002012-01-19T08:12:02.761-08:00Does this ground truth for those already part of t...Does this ground truth for those already part of the 1% when choosing a major? At the Ivy Leagues, Economics is a much more popular major proportionally than at other institutions. Many of the students come from influential and wealthy families already. <br /><br />So... does majoring in Economics make you rich, or does being rich encourage majoring in Economics to understand how to handle your wealth?<br /><br />More importantly, non-with-standing the surveys that show a marginally better salary for Econ majors than many fields outside medicine and engineering, how many of the 1% became so 'after' studying Economics?<br /><br />(you have mentioned many times in the past, correlation vs causation, etc)Dann Cutterhttps://www.blogger.com/profile/08788286445033083370noreply@blogger.com