This study was stimulated by the question of whether there is now or has been in the recent past a "shortage" of scientists and engineers, and, if so, in what sense a shortage can exist. To these and allied questions, this study attempts to give partial answers as well as to suggest further research. It applies economic theory to these problems in a way, it is hoped, that will be intelligible to economists and non-economists alike.
Alchian, Armen Albert, Kenneth Arrow, and William M. Capron, An Economic Analysis of the Market for Scientists and Engineers. Santa Monica, CA: RAND Corporation, 1958. https://www.rand.org/pubs/research_memoranda/RM2190.html.
Alchian, Armen Albert, Kenneth Arrow, and William M. Capron, An Economic Analysis of the Market for Scientists and Engineers, Santa Monica, Calif.: RAND Corporation, RM-2190-RC, 1958. As of September 08, 2021: https://www.rand.org/pubs/research_memoranda/RM2190.html