Teacher Demand and Supply: Some Comments

See the discussion in E.R. Fried et al., Setting National Priorities: The 1974 Budget (Washington, D.C.: Brookings Institution, 1973), pp. 270-271.

For a more detailed discussion, see Carnegie Commission on Higher Education , College Graduates and Jobs: Adjusting to a New Labor Market Situation (New York: McGraw-Hill, 1973).