—–Original Message—–
From: A
Sent: Tue 8/15/2017 4:57 PM
To: Walter Block
Subject: Re: Price Gouging, CEO Salaries

Thanks sir. I was wondering what jobs an economics major could have in an anarcho-capitalist world? The only thing I can think of is in the financial services industry and academia? What would you think an econ major could get as a job in an anarcho-capitalist world?

Dear A: To your list I would add banking, insurance, investment. But that is only the tip of the iceberg. These are occupations for which a major in economics would be directly applicable. But economics, properly taught, is an integral part of a liberal arts education. Not one that includes feminist studies, black studies, queer studies, snowflake studies, whining studies, micro-aggression studies, sociology, etc. Rather, one that include the classics, fine literature, music, the sciences, mathematics, logic, etc. All of these, economics most assuredly included, prepare graduates for any job at all in the free economy that requires, rewards, clear thinking, common sense, sechel (in Yiddish). The dismal science, too, is a rigorous discipline, which preeminently can prepare its majors for virtually any intellectual field: medicine, law, business of any sort not just “the financial services industry.” Then, too, it is a precursor to graduate school in many academic disciplines, such as history, philosophy, political science, and, yes, ugh (for at least the way this is conducted nowadays), sociology too.

The Best of Walter E. Block