Thank you! IMO, the smartest thing to do in life is to pursue the options that maximize happiness. Money has a weak causal relationship with happiness[1]. Conse

Thank you! IMO, the smartest thing to do in life is to pursue the options that maximize happiness. Money has a weak causal relationship with happiness[1]. Consequently, those getting a Ph.D. in English, for example, should do so if that's what makes them happy, but they should know there will be little returns from it. It's the same reason why many of us on HN pursue independent employment: there's been plenty of articles here indicating entrepreneurialism means lower incomes than employment, and it most certainly has higher risk. But the real satisfaction comes from being independent! [1] http://www.physorg.com/news70817137.html http://www.physorg.com/news70817137.html