More Evidence of the Skills Shortage In Top Management

We all know about the skills shortage where Harvard has to pay investment managers millions to lose the school a fortune on its endowment, Facebook can't find a CEO who can avoid compromising its customers' privacy, and restaurant managers apparently don't understand that the way to get more workers is to offer higher pay. The NYT gives us yet another article complaining about labor shortages.

The complaint is that restaurants have small profit margins and therefore can't afford to offer high...