Bachelor of Arts, what is it good for?

Many of the problems we face today stem not from an abundance of useless arts degrees, but in fact too few. Every banker who believes this time will be different should be forced to take a history lesson and read Galbraith’s seminal book 'The Great Crash, 1929.'

John Roskam of the Institute of Public Affairs wrote a thought-provoking opinion piece published by The Australian Financial Review that is tantalisingly titled “Arts degrees are welfare in reverse.”  His argument is essentially that ungrateful arts students don’t know how lucky they are to have tax payers subsiding their useless degrees.

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