It's a big puzzle. If this is a knowledge economy, how come the brains aren't being compensated? Instead, the owners of physical capital are getting the rewards. -Josh Bivens

 

It's a big puzzle. If this is a knowledge economy, how come the brains aren't being compensated? Instead, the owners of physical capital are getting the rewards.


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This quote is just one of 5 total Josh Bivens quotes in our collection. Josh Bivens is known for saying 'It's a big puzzle. If this is a knowledge economy, how come the brains aren't being compensated? Instead, the owners of physical capital are getting the rewards.' as well as some of the following quotes.

It's a big puzzle. If this is a knowledge economy, how come the brains aren't being compensated? Instead, the owners of physical capital are getting the rewards.

Josh Bivens

I don't think it's a fait accompli that it's going to make the middle class poor in the United States. But I do think it's a useful warning that this is going to be tough for a large swath of workers in the United States, if managed poorly.

Josh Bivens

This is a better-than-expected report, but not one that gives you full confidence that this is an economy ready to spring ahead.

Josh Bivens

You can't read this [GDP] report and expect it to translate into a good report tomorrow. Employment is a lagging indicator, so it will be at least two quarters, or maybe even four quarters, before better growth numbers translate into better jobs numbers.

Josh Bivens