We are training more graduate students in p h ds than can be absorbed by the field. More and more of our students are going into other lines of endeavor, which i think is wonderful. I believe that astro astronomical training has a some aspects that are unusual. There is a grasp of statistics, which most people don't have. Second, astronomers always have imperfect knowledge, but try to to conclusions anyway. And so we're not paralyzed by the fact that we don't know everything about something before trying to generate a hypothesis.
Of all the scenarios that keep astrophysicist Sandra Faber up at night, it's not the Earth's increasing volcanism, the loss of photosynthesis, or even the impact of a massive asteroid. Rather, it's the collapse she's certain will result from the unbridled growth of the world's economies. Join Faber and EconTalk host Russ Roberts as they explore what the most inexorable law of physics has to do with economics and whether the world's growing economies pose a problem or provide the solution for the finiteness of planet Earth.