Originally Posted by Willravel

There's no exact formula, but imagine trying to design a boat without an understanding of fluid dynamics. They help give you an idea about what might work. Can you imagine being the head of a corporation and not understanding the theories behind something as simple as supply and demand? It would make the job of creating a vision for the company nearly impossible.

Sure, some idiot investors might want to see "pedigree" (which isn't quantifiable), but seeing that the person you're trusting with your investment has a solid understanding of business and economics has to instill some level of confidence. That's all beside the point, though. This is about education being applied to work which makes one more likely to succeed.

That's irrelevant. If one is successful and understands mathematical economics, whether or not one has a diploma, they are supporting my position.