Outsourcing Debate
The discussion centers on the evolving perceptions of outsourcing and its implications for the economy. Critics argue that traditional economic models may no longer apply due to new conditions affecting factor mobility, but this view is challenged. Outsourcing, particularly in the context of intellectual services delivered electronically, is likened to the migration of labor, suggesting that these services can benefit the U.S. economy rather than harm it.In this clip
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Ed Leamer on Outsourcing and Globalization
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