To PhD or Not To PhD

I seem to spend more time trying to talk people out of doing PhDs than talking them into doing one, so this point made yesterday by Defense Secretary Robert M. Gates amused me:
“At this point I should note that for the first time, both the United States secretary of state and secretary of defense have doctorates in Russian studies,” Mr. Gates said. “A fat lot of good that’s done us.” - NY Times.

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