Wednesday, December 21, 2016

Are liberal arts degrees worthless? Peter Schiff thinks so

Liberal arts graduates are constantly teased because they spent $50,000 on a women’s arts degree or a sociology degree instead of something tangible, instead of a real marketable skill.

In today’s global economy, the supply and demand of the labor market suggests that the world needs more software developers and computer engineers – or even people who can count backwards without a calculator – than those who have studied how white people are racist and men are sexist for four years.

Peter Schiff, CEO and president of Euro Pacific Capital, is one of those who people who believes liberal arts degrees are worthless. He explains the problem in this video below that is a couple of years old.