Arnold Kling    Economics of Outsourcing  Electricity
Economics... Comment of the Week, 2003-08-2...  Brad DeLong
makes another attempt to explain the economics of outsourcing.
Brad's entire post is worth using in an economics class.  For
Discussion. DeLong says that the keys to having good jobs are a
high rate of saving, public infrastructure investment, and
investment in education. In my essay on outsourcing, I focused
on the individual's responsibility to "be willing to do whatever
work is needed, to be inquisitive, and to learn." To what extent
is the quality of one's job the responsibility of the
individual, and to what it extent is it the responsibility of
public policy?  COMMENTS (4 to date) Matt Young writes:  If
public policy is having the government consume over 40% of the
economy, almost twice what the Chinese goverment consumes of its
economy, then public policy is the problem.  Boonton writes:
What exactly does this mean? How do you figure that China's
gov't 'consumes' only 20% of its economy