Re:Would the economy be better off without MBA students?
by wpietri on Wednesday November 28, 2012 @07:49PM
(#4845689)
It's a serious question. Did you even read the article?
Not all that many people do law degrees, but the Economist has repeatedly covered studies that suggest the number of lawyers we have is well above the economic optimum, that having too many lawyers harms the economy.
Further, since you have an MBA, you should be fully aware that the tiny number of MBA holders have wildly disproportionate influence on the economy. As the article says at the beginning, 40% of Fortune 500 CEOs hold an MBA. So it's entirely reasonable to ask whether the degree, like a law degree, is really benefiting everybody. Perhaps it mainly benefits MBA-holders at the expense of others.
Not all that many people do law degrees, but the Economist has repeatedly covered studies that suggest the number of lawyers we have is well above the economic optimum, that having too many lawyers harms the economy.
Further, since you have an MBA, you should be fully aware that the tiny number of MBA holders have wildly disproportionate influence on the economy. As the article says at the beginning, 40% of Fortune 500 CEOs hold an MBA. So it's entirely reasonable to ask whether the degree, like a law degree, is really benefiting everybody. Perhaps it mainly benefits MBA-holders at the expense of others.