Uncertain Things cover image

A Huge Outpouring of Human Misery (w/ Peter Turchin)

Uncertain Things

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The Bi-Modal Distribution of Lawyer Salaries

In the United States, if you want to get into the political office, there are two major pipes leading to that. One of them is either you're either inherent to wealth or you are self-made about the person. The second pipe is essentially getting the logic: If you don't have wealth and you want to become the president or even just a senator, then you go to the law school and get a lot of degree. Well, we have been already over-producing lawyers at the rate of three times as many as their positions for lawyers. So both on the elite of reduction aside, and on the population side, there is, I don't see yet any signs of trend reversal

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