I have MA red diploma (summa *** laude) in macroeconomics, specialisation on economic policy (I am not 100% sure). Last time I saw my red diploma it was when I was moving. The paper was rotten and nearly not readable. I was thinking to throw it away, but I think I did not do it.
I was always greedy about knowledge. The universities are opposite of spreading wisdom. They are pure indoctrination institutions. My diploma was only good to verify that info that was known a least since Timothy Leary Times.
It is much more amusing to touch a real world and real economy through real economic competition.
People at (economic universities or at social sciences) are cowards. And do not be mistaken, they know it very well. It is a closed bubble which exists without relation to reality. Thee smarter people from bubble know about it, but they are cowards to get out. The more stupid are not even aware. But they all walk he path Erasmus - BA - MA - PhD - PostDoc - Docent - Professor - Death.
It is hard to explain to outsider how the real university system really works, because it is as awkward as "lifetime" revenue share.
If you talk to God, you are praying; If God talks to you, you have schizophrenia.