Faculty News

Professor Michael Spence's work on job creation is referenced in a story on the skills gap

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Excerpt from Forbes -- "Godin quotes Nobel prize-winning economist Michael Spence who divides up jobs between those that are tradeable and could be done somewhere else such as manufacturing a car; and those that are non-tradeable like frying fish and chips. Spence’s killer finding, says Godin, is that in the USA alone only 600,000 new tradeable jobs were added between 1990 and 2008."

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