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At The Risk Of Some Oversimplification, If The Skill Composition Of Our Work Force Meshed Fully With The Needs Of Our Increasingly Complex Capital-stock, Wage-skill Differentials Would Be Stable, And The Percentage Changes In Wage Rates Would Be The Same For All Job Grades.
-Alan Greenspan
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At The Risk Of Some Oversimplification, If

Alan Greenspan
At The Risk Of Some Oversimplification, If The Skill Composition Of Our Work Force Meshed Fully With The Needs Of Our Increasingly Complex Capital-stock, Wage-skill Differentials Would Be Stable, And The Percentage Changes In Wage Rates Would Be The Same For All Job Grades.
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