Unclear.
"No nontrivial academic or policy debate has EVER been settled with empirical methods."
plenty have... just not in economics
Everybody fails sooner or later. That doesn't you are a loser. It just means that you lost 1 battle. You have lots of choices in your future. Whether they are academic or not is up to you. But you get many more chances in the future to do something you will be happy with.
"Can't blame it on market forces. Must blame it on self."
Suit yourself, but if you've been reading this board you'd see that market's still glutted with grads from 2008 on. If you got one interview this year, you would've gotten at least two or three in a good year.
OP: Please, please try not to blame yourself and be angry with yourself or anyone else. It's just not a constructive way to view the world. I can understand the feeling but I assure you that the situation is not that grim.
Obviously, there is a ton of noise in the rookie job market and it is *not* that you are intrinsically a failure. Even if you are not a great academic, which I don't think is at all necessarily the case, there is a huge difference between being a failure and not getting an academic job. Or maybe if you don't really like your research, academia is not a great career choice for you.
You will get a job. It might not be an academic job which I can understand will be disappointing for you. I really doubt that ten years from now you will really regret doing your PhD.
I do think it sometimes help to think about how lucky you are in the grand scheme of things - being born in the 20th century alone makes you vastly better off than the overwhelming majority of people that have ever lived. Having the mind and the resources (even if borrowed) to even be able to get a PhD makes your life really rare and precious.
Also, try to do something nice for someone else. That will help you feel better. If you're thinking about someone else, you're not thinking about unfortunate you are. Seriously. Even if it's just giving $5 to a homeless person - it's the cheapest karma going:) - you will feel better.
I so wish I could say something more helpful as I really empathize with your situation.
Please keep us posted. It makes me sad to see you so clearly in pain.
You people sound like chapters from a self-help book!
Not all failures are equal. This one is pretty f*cking huge. Also, one must consider path dependnace. A failure here limits my future options. Not a good thing. Also, it's unclear whether I have skills transferable to a non-academic setting (i.e. my lack interview success implies no soft skills, especially in a high-stakes environment like trying to get a job).
Everybody fails sooner or later. That doesn't you are a loser. It just means that you lost 1 battle. You have lots of choices in your future. Whether they are academic or not is up to you. But you get many more chances in the future to do something you will be happy with.
Theorist (donkey) here. A few interviews and never heard a soul from them. Should have listened to my adviser to at least once do some empirics...oh no I've decided to be smart donkey and do full theory. Now I don't even know how to dig out from this shit of a mess.
Thanks for your thoughts, and I appreciate your sympathies, (I mean that sincerely because it helps to think people may empathize, though the magnitude is small), but there are a number of problems with your argument:
1) Should one have a view of the world that is accurate or "constructive". I am a failure and I have myself to blame. Thinking otherwise is just plain delusional.
2) We must have different definitions of what being a failure is because, I see a failure as someone who has an ambition, works on something for 7 years, and ends up not getting what he or she wants. This describes me.
3) Again, because I did my work in a sh*tty subject at a sh*tty school, it's unclear if I have skills of any use for the non-academic sector. It's going to be literally impossible to sell what I've done as anything remotely useful to the private sector. Yes, it's that obscure and worthless.
4) I don't think a comparison to the counterfactual of what my life would be in earlier centuries is useful here. Apples and oranges, methinks.
5) No such thing as karma. There are no cosmic forces of justice balancing out the universe. My failure is the result of me. Also, even if there were karma, the blame for my failure would still rest with me.
OP: Please, please try not to blame yourself and be angry with yourself or anyone else. It's just not a constructive way to view the world. I can understand the feeling but I assure you that the situation is not that grim.
Obviously, there is a ton of noise in the rookie job market and it is *not* that you are intrinsically a failure. Even if you are not a great academic, which I don't think is at all necessarily the case, there is a huge difference between being a failure and not getting an academic job. Or maybe if you don't really like your research, academia is not a great career choice for you.
You will get a job. It might not be an academic job which I can understand will be disappointing for you. I really doubt that ten years from now you will really regret doing your PhD.
I do think it sometimes help to think about how lucky you are in the grand scheme of things - being born in the 20th century alone makes you vastly better off than the overwhelming majority of people that have ever lived. Having the mind and the resources (even if borrowed) to even be able to get a PhD makes your life really rare and precious.
Also, try to do something nice for someone else. That will help you feel better. If you're thinking about someone else, you're not thinking about unfortunate you are. Seriously. Even if it's just giving $5 to a homeless person - it's the cheapest karma going:) - you will feel better.
I so wish I could say something more helpful as I really empathize with your situation.
Please keep us posted. It makes me sad to see you so clearly in pain.
I see a failure as someone who has an ambition, works on something for 7 years, and ends up not getting what he or she wants. This describes me.
Change what you want. It sounds like you don't think much of the usefulness of economics anyway. Do you really want to devote the rest of your life to it? If not, then this is success, not failure, because you have escaped. That is, it's success if you have the creativity and determination to capitalize on it.
Ok, so this will sound to you like self-help nonsense. OP, who else do you think is going to help you? And it's not nonsense; it's common sense.
Ya, I am in a somewhat similar position, lecturing for a few years now, got several good pubs in last couple of years and thought it would be a good year to go back on the market but seem like I will only get a tenure track offer from a bad place (<250) when I had better pubs than more than half of the faculty at several of the 150-200 places I interviewed at....rough year. Of course, the top people will always do well, but there is a glut in the market this year.
You think your career sucks - I'm adjuncting at a community college and I got no interviews this year. Last year I got an obscenely pitiful offer at a crappy school with a 4-4 teaching load and they wanted me to teach subjects I knew nothing about. There are some of us in the same boat. It's a buyers market unfortunately.
I enjoy teaching and my branch of (totally useless) research, though I do it sh*ttily. Nobody can save me and I can't save myself. I've set myself adrift in an ocean of failure and I don't have the life jacket of creativity and determination of which you speak. Also, you seem to be saying I should creatively redefine failure and success so that I don't slot myself into the former category. Such a subjective redefinition seems silly to me, but thanks for the suggestion.
I see a failure as someone who has an ambition, works on something for 7 years, and ends up not getting what he or she wants. This describes me.
Change what you want. It sounds like you don't think much of the usefulness of economics anyway. Do you really want to devote the rest of your life to it? If not, then this is success, not failure, because you have escaped. That is, it's success if you have the creativity and determination to capitalize on it.
Ok, so this will sound to you like self-help nonsense. OP, who else do you think is going to help you? And it's not nonsense; it's common sense.
Also, one must consider path dependnace.
You sound like somebody I heard 5 months ago. That guy was full of bullshit. I reiterate my position, you hit a snag in life. Cry tonight. Get back to work tomorrow. Do you really think that Trump and Branson have econ PhDs? What about Jobs? BTW, Jobs has no special technical expertise or knowledge beyond you and me. These guys aren't academics but they are undoubtedly successful people. If you want to be an academic then keep on working to be an academic. If not then get that diploma and apply your knowledge and saviness to something else. That diploma will open some doors.
Thanks for keeping us posted. Replies below.
1) No, I am not suggesting you delude yourself because it is expedient. The world is an incredibly complex place and there are way to many parts of it for us to pay attention to all of it at the same time. We have a choice as to what we focus on: http://online.wsj.com/article/SB122178211966454607.html
(The WSJ slightly exaggerated some of the things he said (inserted the part about "so you don't shoot yourself in the head by the time you're 30") but the gist of the speech is right and I find it thoughtful.)
The point here is that there are several sets of facts here: a) you are not succeeding in the job market, b) your JMP is probably not going to get you into the RESTUD tour and might even be outright bad, c) there is a lot of noise in the job market, d) in the grand scheme of things, even of your own life, this is not the worst thing that could happen to you by far. And there's an e) and an f) and a g) etc...
All of these statements are true. The issue is that you're focusing your thoughts only on fact b). Why is that a useful way of using the limited resources of your brain? Surely you can see how that might not be the most useful way you can focus your energies.
2) You (may have) failed *at* something. You are not a failure. There is a massive difference.
3) You obviously have some strong quantitative skills and are generally bright. Someone will want that, trust me. Obviously, you can work a bit on the people skills. I worked with some seriously strange ducks in the private sector though so it can be done.
4) OK, if you don't want to focus on that set of facts, fine. But the "woe is me" attitude just strikes me as one that comes from taking a very narrow focus of the world. I have found it helpful to take a broader view.
5) OK, fine if you don't believe in karma. But you will at least agree it's a helpful shorthand.
In case it helps, I had a somewhat bad first JM experience too. My JMP sucked and I knew it. I couldn't even fake enthusiasm for it. I had only one offer at a place that was quite literally the lowest ranked school I applied to. I took it. Although my JMP sucked I have since written a few papers that I know are very good. So one bad paper does not a bad economist make IMHO.
Again, please keep us posted.
Thanks for your thoughts, and I appreciate your sympathies, (I mean that sincerely because it helps to think people may empathize, though the magnitude is small), but there are a number of problems with your argument:
1) Should one have a view of the world that is accurate or "constructive". I am a failure and I have myself to blame. Thinking otherwise is just plain delusional.
2) We must have different definitions of what being a failure is because, I see a failure as someone who has an ambition, works on something for 7 years, and ends up not getting what he or she wants. This describes me.
3) Again, because I did my work in a sh*tty subject at a sh*tty school, it's unclear if I have skills of any use for the non-academic sector. It's going to be literally impossible to sell what I've done as anything remotely useful to the private sector. Yes, it's that obscure and worthless.
4) I don't think a comparison to the counterfactual of what my life would be in earlier centuries is useful here. Apples and oranges, methinks.
5) No such thing as karma. There are no cosmic forces of justice balancing out the universe. My failure is the result of me. Also, even if there were karma, the blame for my failure would still rest with me.