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3/16/2004

Sowell on Outsourcing

Sowell on Outsourcing

From an economist with degrees from Harvard, Columbia, and the University of Chicago.

Strange how many opponents of Sowell's conservative views label him "unintelligent" rather than "wrong because of x, y, and z."

The upshot - trade is trade-off. Benefits in one area often create problems in another (but not always).

'Outsourcing'

Whole political movements are based on a refusal to accept that benefits have costs. Protectionism is just one of these movements. Environmental extremists often refuse to accept even the smallest costs for such benefits as the building of much-needed housing or the dredging of rivers and streams to prevent flooding and save human lives.

Ironically, those politicians who complain most loudly about the outsourcing of jobs often advocate the outsourcing of the job of making foreign policy and safeguarding American national security to the United Nations or to our allies in Europe.