Profile picture
Noah Smith @Noahpinion
, 10 tweets, 2 min read Read on Twitter
Say you're a physicist and people just nod. Say you're an economist and people ask your opinions about everything and anything.
Economists are top presidential policy advisers. With a few exceptions like Steve Chu, physicists rarely are.

Economists write books about dating, and food, and a ton of other random stuff, and people buy the books and believe the advice!
Economists are assumed to know about business, about how to invest your money, about world affairs, about politics, about random social phenomena... Physicists are assumed to know about arcane stuff that normal people don't understand...
The physics academic job market is terrible. The economics academic job market is still going strong.
Economists land lucrative consulting gigs. It's relatively easy for an economist to become a public intellectual. Academic econ salaries are much higher than academic physics salaries.
"But physicists' theories are able to match experimental data perfectly, while economists' theories almost never do!"

Heh. Think a moment, and you'll realize that this is actually a plus for economics relative to physics. Who wants to have to always make theories that *work*??
"But physicists' theories are elegant and beautiful!"

Heh. Economists make plenty of elegant beautiful theories. They almost never match the data. They don't have to! They get published, they even get Nobel prizes!

Excuse me, Bank of Sweden prizes in memorial of Alfred Nobel...
Yes, physicists are generally assumed to be smarter than economists.

Now ask who people would rather date. 😃
I love physics. Physics is amazing.

But as a career choice, economics is kind of a cheat code...

⬆️⬆️⬇️⬇️⬅️➡️⬅️➡️⏩BA

[START]
Important caveat: This thread is all about PhDs. I still think physics is a better undergrad major...
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Noah Smith
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!