Thomas Straubhaar on the current shortage of skilled workers complained about from many sides and the lack of economic understanding:
“The complaint about a shortage of skilled workers simply lacks basic understanding. Any textbook will tell you that in a situation of shortage, i.e. when demand is greater than supply, the price must rise. If there were a shortage of skilled workers, wages would simply have to rise.”
– Thomas Straubhaar “The Hour of Optimists – How the Future Economy Works”, Edition Körber
