When I train Ph.D. students to become economics professors, there’s no magic. They want to do my job; I show them how it’s done. But the vast majority of my students won’t be professors of economics. They won’t be professors of anything. How then do my classes make my students more employable? I can’t teach what I don’t know, and I don’t know how to do the jobs most of my students are going to have. Few professors do.
