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Supply and demand in the knowledge market

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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