Oversupply of Economics PhDs

There is a steady decline in job postings for Economics PhDs

https://x.com/King_ofSweden/status/1866273073323786651  

 

My suggestion:

Second-tier universities should cancel their PhD programs. Departments ranked outside of the top 75 should shut their PhD programs.

Rankings:

https://www.usnews.com/best-graduate-schools/top-humanities-schools/economics-rankings