Re: More on Outsourcing and Offshoring

[Mason Clark <masonc@xxxxxxxxxxxxx>]

>  It effectively makes for a borderless labor market in a global experiment
> with the idea of "comparative advantage".

At what point will economists face up to "averaging down"?  And must
the Law of Comparative Advantage rule? -- that most sacrosanct of all
economics (I've been forcefully told by economists)

> Countries like the Philippines, India and China will be
> able to create jobs that otherwise would not be created.

Without the importation of jobs and export of goods -- isn't it just possible
that developing countries could, should, and would create jobs producing for
their own consumption, including production goods?

Is it an accepted, irrefutable fact that development depends on
mercantilism, i.e. exporting to earn foreign money?

Admission of bias: I live in the former apricot center of the world and am
eating Turkish apricots. The nearby garlic center of the U.S. is beginning
to cease farming and instead import garlic from China.

           Mason C