Posted on 01/09/2012 6:08:48 AM PST by SmileRight
In this age of mainstream news reporters ignorant of economics, the media rarely trumpets the power and truth of free markets and the laws of Supply and Demand, very real forces in our daily lives that confound, embarrass and reject socialist politics.
The free market communicates important information. This is why socialist and left-leaning politicians, who hate free markets, operate in economic illiteracy. The free market places no real importance on government contrived social measures that lack real-world value. When the free market speaks, socialist economic theories tremble.
An example of the free market correcting economic nonsense is the “socially responsible” mutual fund, investing only in companies that engage in politically correct behavior. Investors in such funds haven’t seen much in the way of big profits; investors may have appeased their social conscience, but at quite a price. As the philosopher Montesquieu wrote, “Virtue itself has need of limits.” The return on these funds generally has been far lower than ...
(Excerpt) Read more at bizpacreview.com ...
Agreed. Tenure is why education is in the mess it’s in. While we’re at it, let’s eliminate teachers unions.
Professors teach ever fewer numbers of classes per year. They crank out PhDs in fields like "women's studies," then require every undergrad to take a class in this field. No wonder college costs are rising faster than almost any other category.
“I have an MBA but didn’t include it on a job that I was applying for because I didn’t want that “over qualified” nonsense.
<><><><
I would not advise others to do as you have done, and I’ve recruited for what was then an 8 billion/yr organization.”
Easy to say as a spectator. I had a neighbor decades ago who had an engineering degree and an MBA (from a second-rate school). He spent 8 months trying to get a job. Then he dropped the MBA from his resume and got scooped up IMMEDIATELY, by a large company. As to his ‘honesty’, yes, that could hurt him, but since he didn’t lie to get a higher paying job, there’s no reason to can him for that - but yes, they would have extra justification should they want (or need) to can him for another reason.
Easy to say as a spectator. I had a neighbor decades ago who had an engineering degree and an MBA (from a second-rate school). He spent 8 months trying to get a job. Then he dropped the MBA from his resume and got scooped up IMMEDIATELY, by a large company
<><><><><>
A spectator? I have no idea what you mean.
I’ve been on the business side of recruiting, oh, and on the job seeker side as well. And the job market today is wildly different than it was decades ago.
Just expressing my opinion, having had to ask why folks choose to leave stuff off of their resume. It’s rather uncomfortable for both sides.
Of course, when you can demonstrate that it was because of the lack of the MBA that got him the job to the exclusion of other variables, I will be happy to eat my shoe leather. I’m not anticipating that happening, though.
It is not advisable to either pad or dumb down your resume. I have hired people for different jobs than the ones they were originally interviewing for based on the resume and the interview. Just my experience and my opinion.
“A spectator? I have no idea what you mean.
I’ve been on the business side of recruiting, oh, and on the job seeker side as well. And the job market today is wildly different than it was decades ago.”
Doesn’t sound so much different. Back then employers feared people with MBAs because of their (rightly or wrongly) assumed attitude that these people would bring to the company. What I read this evening was IDENTICAL to what I was hearing back then, so I responded with EXACTLY what worked from back then.
As to my friend, how much longer than 8 months should he have waited before trying a different approach?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.