In response to some comments I have heard since the IMF chief was arrested for sexual assault, and the odd rush by some blogs to morally defend their profession of choice, I would like to address the issue of whether economics is a "moral and principled" profession.
Here is my response:
when an economist allegedly sexually assaults a woman in a hotel room, he is arrested and arraigned based on evidence (as proven by DSK just this past weekend). When a Catholic priest rapes and tortures young boys, he's given an all-expense paid trip to Rome and/or new "hunting grounds".
So, if you want to know if I still feel I chose the right career path... well, there are certainly worse things. Now excuse me while I go back to teaching my students.
Funny side-update:
If you want my opinion on the most moral career path you can choose: accountant. Enron, Madoff, and 2007. You want to save the world? Do the math.
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