Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Alas, the NYT lies when it reports:

Like everything else about the law, however, the full picture here is complicated. Independent surveys find that most law students would enroll even if they knew that only a tiny number of them would wind up with six-figure salaries. Nearly all of them, it seems, are convinced that they're going to win the ring toss at this carnival and bring home the stuffed bear.

Neo-Classical Economics informs us in a rational world where people act only rationally based on rational decision making having rational expectations.  


Thus, the situation described in the article is UnPossible and should, therefore, be ignored.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Mon Jan 10th, 2011 at 07:42:03 PM EST
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