This is correct. In retrospect my math Ph.D. was a waste of time. There have been proposals over the years on how to address the overabundance of PhDs. One appr

This is correct. In retrospect my math Ph.D. was a waste of time. There have been proposals over the years on how to address the overabundance of PhDs. One approach seems to have been widely and independently adopted: advise those responsible for easing out the exploited to read Erving Goffman's On Cooling the Mark Out: Some aspects of adaptation to Failure [1, 2]. 1. http://www.tau.ac.il/~algazi/mat/Goffman--Cooling.htm http://www.tau.ac.il/~algazi/mat/Goffman--Cooling.htm 2. http://kieranhealy.org/blog/archives/2002/10/31/cooling-the-mark-out/ http://kieranhealy.org/blog/archives/2002/10/31/cooling-the-...