Monday, November 24, 2008

This just in... supply adjusts to changes in demand!

Last month, I wrote (along with many others) that one of the silver linings of the financial crisis would be that our nation's sharp mathematical minds will go into engineering and science rather than investment banking. According to Business Week, we're already seeing the effect:
"Engineering: Suddenly Sexy for College Grads"
The article ends on a high note:
"...we need our best and brightest engineers developing new types of medical devices, renewable energy sources, solutions for global warming, and ways for sustaining the environment and purifying water. And we need them to start companies that help America keep its innovative edge. So maybe the dark cloud over finance has a silver lining, and investment banking's loss will be engineering's gain."

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