Salary: Big 3 autoworker vs PhD college professor

Discussion in 'Economics' started by a529612, Jul 15, 2007.

  1. bluud

    bluud

    ya I feel sorry for him ... poor, poor guy ... I wonder what will become of him after he gets his PHD in EE ... he's not a wonderful, great and socially successful person like you ... you are definetly a great person ... without your decisions this universe would come to end ... what a misery life would be without your decisions .. oh choices, choices and choices ... some people just can't understand the hard work and social value of others ... you are surely such a smart person ... you are not simple and angry, right?


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    you are so fucking funny .. you don't post much .. but when you do, you do it to tell everyone what a important person you are ... the same so called important type of people that work in my company for me
     
    #81     Jul 17, 2007


  2. if by spelling out my position and partial background seemed elitist, i apologize to anyone offended or put off. my point was to illustrate where my position and my opinion originates from.

    fyi buud,

    i do not work for anyone, i am at this point(debt free, relatively young and a big employer) partially because i am a good, fair, and ethical person.
     
    #82     Jul 17, 2007
  3. maxpi

    maxpi

    Your future is doomed. I would say that software could replace many, many "decision makers". It has already replaced a whole class of "information handlers", that is what happened in the 80's and 90's, all the white males that had worked their way up into cushy corporate jobs got axed and replaced by computers.
     
    #83     Jul 17, 2007
  4. jeeze....my last post on this thread. my future is only doomed if i die. i own a business, many buildings, and trade extensively. all debt free. with that background, all i am saying are you guys are nuts. others have made my point already. go punch a wall while i get up delegate some things and make sure my rent checks have come in the mail.
    one more thing, sitting from my desk i did use software/robotics to replace decision makers and labor six years ago, thus fully automating my company.

    i was prompted by a local yale professor. boy am i grateful! all true ....bye bye
     
    #84     Jul 17, 2007
  5. zdreg

    zdreg

    a few people are chosen to live a life of leisure ie becoming a tenured professor after paying their dues by writing their phd thesis and presenting themselves as one of the boys. a job with tenure means that you have no responsibility for any kind of output as it pertains to your students. to repeat the hours are short 12hrs/week the vacations are long and for those whose loins are ready to explode there is always the impressionable sweet little things in the next freshman class.
     
    #85     Jul 17, 2007
  6. There are three good reasons to be a teacher:
    June, July & August
     
    #86     Jul 17, 2007
  7. I'm not bashing teachers. We need more good ones and it is a noble profession. There are many of them that do not realize the importance of what they are doing.
     
    #87     Jul 17, 2007
  8. ...I suppose this applies if you're at a university that concentrates on teaching and not research. However, research universities require their faculty to publish continuously. Better universities aim at higher tier journals for publications. It’s quite time consuming (the research and referee process) and stressful so your 6-9hr <i>classroom</i> teaching becomes only a sixth or seventh+ of your entire work week. Summers are also filled with research and not just vacations. This is at least how it works for business school PhDs; it may be different for the liberal arts.

    During my undergraduate days, I had some awful professors - not that they weren’t smart or even brilliant - they just could not communicate very well. It wasn’t until grad school that I learned that those professors, who could not seem to convey or internalize ideas, were the ones who were renowned because they were frequently published in the top tier finance journals. They were not there to teach and elaborate but to strictly do original research and get published; teaching was just a side note.

    For those here undermining professors, please consider the following. Since most of the people here “know” finance; check out the SEC webpage and their regulations. Most, if not all of the regulations were established through research. Who did the research, you ask? Professors. The SEC hires professors, who in exchange for their research are paid and have access to the SEC data, which is hard to acquire. Often times their research is the reason for regulation changes. One would be surprised how through research the hands on jobs, that people here seem so excited about, are created and thus are merely the result of professors and research.
     
    #88     Jul 17, 2007
  9. toc

    toc

    Not toning down the professor function, but even at high end research univerisity once tenured, no one can kick you out for not publishing. However, in such univerisities one has to be a proven research hog to get tenured in the first place and without research they will go bersek and quit on their own.

    I have known professors in middle grade state univerisities where they would work real hard for two years and publish and then apply for tenure, once through then they mostly can choose to kick back or try to get on company boards or consulting assignments or get their names in the newpaper articles or best yet on evening news and that way they have promoted the name of the univerisity or department enough to get public attention and probably some funding also.
     
    #89     Jul 17, 2007
  10. Daxtrader

    Daxtrader


    You're right, I wouldn't have gotten the job without college, but that's not the point, that's just the norm these days. Point is, I would be more than capable of doing most finance related jobs without having to go through 4 years of college. I'm just saying they need to cut the curriculum by 75%.

    Life is too short. I wish I could go back and become a dentist or something but I feel too old. Why? Because it took me 4 years to get a piece of shit finance degree and another 3 years to figure out how much I hate the corporate world.

    FWIW, I quit. I can't kiss ass for too long.
     
    #90     Jul 17, 2007