Comment Re:My brother has a doctorate ... (Score 1) 178
No, I admit everything, otherwise I would not post.
Of course I am jealous of him having a doctorate. I am also jealous of him going to Berkeley to study, and of the inflated salary that his degree has given him.
I could also admit that I have always thought of him as somewhat of a buffoon. I have read a few of the papers that my brother have produced, and have concluded that it is of no consequence.
I have thought of his field of study as being mostly junk even before he expressed an interest in it.
Events in recent years and the macroeconomic community's failure to predict the economic downturn have only reinforced my belief in the field as junk science. ("Hey, let's remove banks from our model of the economy and the model will work!")