tag:blogger.com,1999:blog-7190363847001030078.post3387424318620194756..comments2024-03-11T18:09:51.461-07:00Comments on Between the Lines: Never took economics - And - Products of Our EnvironmentMarty Mazorrahttp://www.blogger.com/profile/08472867992519060059noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7190363847001030078.post-39865222596931615052012-08-16T06:14:52.000-07:002012-08-16T06:14:52.000-07:00The title of this reply is "The Other 1%"...The title of this reply is "The Other 1%". The economics professor that you refer to in your essay rails against the "1%" who have more than they should have, needs, and deserves. It doesn't matter what they started with, how they got it, or what they plan to do with it. The fact is...others don't have it, particularly the professor. Envy (identified as one of the seven deadly sins, I believe) clouds thinking and judgement. After all, it's not fair that the professor spent the first 18 years of his life attending mandatory school, then spent the next 10 years of his life attending universities, culminating in a Ph.D.<br><br>Poor professor, he worked hard in school, for 28 years. In fact, only 1% (the other 1%) of the U.S. population has a doctoral degree. You would think that the intellectual elite would be compensated better than they are? The top 1% in business are compensated with millions! Professors may make $100, 000. (FYI, CSU Fresno professors make between $65,000 - $95,000; a very few do make more). The poor professor says, "it's not fair!" (Envy again). <br><br>The professor says, "I went to Columbia School of Business to earn my B.A.!" (established in 1916 by the trustees of Columbia University with a generous supporting gift from Emerson McMillin, founder of E. McMillin & Company, a New York bank). <br><br>The professor shouts, "I attended the Wharton School of Business to earn my M.B.A.!" (In 1881, American entrepreneur and industrialist Joseph Wharton, founder of Bethlehem Steel Corp., provided the money to establish the worldMark Baldis, Ph.D.http://YourWebsitenoreply@blogger.com