Wednesday, May 09, 2007

Blinder's dissent

Princeton economist Alan Blinder...

Free Trade's Great, but Offshoring Rattles Me...

"I'm a free trader down to my toes. Always have been. Yet lately, I'm being treated as a heretic by many of my fellow economists. Why? Because I have stuck my neck out and predicted that the offshoring of service jobs from rich countries such as the United States to poor countries such as India may pose major problems for tens of millions of American workers over the coming decades. In fact, I think offshoring may be the biggest political issue in economics for a generation."

more at wapo


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