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… — Alan Greenspan Copy Share Image
At some risk of oversimplification, I suggest that the usual reason a business cycle turns into a monster is an overdose of government policy. — Edgar Fiedler Copy Share Image
