Jason McCullough
04-11-2006, 03:08 PM
It's a 51 page pdf (http://www.metafilter.com/mefi/50805), but really, it's a fantastic short overview of trade and its effect on the US economy. Also full of good smack-talking about Thomas Friedman.
* Good explanation of how increasing productivity in manufacturing is what's reducing manufacturing jobs as a percentage of the workforce.
* Covers how international trade with freshly industrializing countries drives down wages for "low education" workers.
* Also covers how surprisingly the US hasn't taken much of a hit from #2.
* Good explanation of how increasing productivity in manufacturing is what's reducing manufacturing jobs as a percentage of the workforce.
* Covers how international trade with freshly industrializing countries drives down wages for "low education" workers.
* Also covers how surprisingly the US hasn't taken much of a hit from #2.