Offshoring and Trust
A study suggests that millions of service jobs, including high-paying positions, could be offshored, raising concerns about wage competition. However, evidence supporting this claim is questioned, particularly regarding the contestability of skilled labor roles like radiologists. The importance of personal trust in professional relationships is emphasized, highlighting that face-to-face interactions can significantly influence decisions, even in a world driven by cost-saving measures.In this clip
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EconTalk
Ed Leamer on Outsourcing and Globalization
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