Basil Halperin, observations on academia and research

Miscellaneous things I learned in [econ] grad school: 1. The returns to experience are high(er than I thought) – Someone who has studied a single topic for a decade or two or three really does know a LOT about that topic

It is worth clicking through to read the whole thread.  People should be writing more about how things actually work!  This is oddly grossly undersupplied.  His points about seminars are especially interesting and well-taken.

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