2 ms·
That’s a temporary state of affairs. If you’re talent constrained but not capital restrained the returns to talent will increase and those to capital decrease o
by barry-cotter 4y ago
That’s a temporary state of affairs. If you’re talent constrained but not capital restrained the returns to talent will increase and those to capital decrease over time. See long run increases in returns to Labour in every country that has managed to successfully industrialize, e.g. China or South Korea. For a software developer example see the run up over the last two decades in salaries for Indian, Chinese or E European developers.