Peter Woit, of Not Even Wrong blog and book fame, (if you think YOU hate String Theory…) has a post today about the job market for particle theory physicists. As expected, the number of tenure track positions are down. He remarks that, despite the role that physics-trained quant jockeys played in the debt monstrosity we are suffering from, financial firms are hiring PhD’s in physics.
I like how he skirts the question in the comments of why financial firms that played such a large role in the current economy are one of the few places hiring.
Many wrong-headed ideas are contained in all this. See if you can identify them all. I’m not referring to the picture below.
The reference to government employees comes from this.