We came across this excellent article on the Black Hole blog. It should come as no surprise that by increasing the supply of graduate students (and in turn post-doctoral fellows), we have arranged to produce more knowledge workers than we can employ, creating a labor-excess economy that keeps labor costs down and productivity high (How [...]![]()
Read The Full Article:
http://cbt20.wordpress.com/2012/08/27/supply-and-demand-in-the-knowledge-market/
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