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Tag Archives: Labor

China or India: Which Economy Will Win?

One interesting difference between the two economies is the contrast between their dominant export sectors. Whereas China’s chief export is manufactured goods that primarily utilize low to medium-skilled labor, India’s main export is medium-skilled English-language service outsourcing. Comparatively, China’s employees have a less visible incentive to improve themselves en masse. There may simply be lower […]

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The US Debt-Ceiling Debate

I.                    Introduction: Why the Debate on the Debt Ceiling is Valuable What does the US debt-ceiling debate have in common with an ancient Dutch village? On the surface, not much; but there is one common theme between the two during the negotiation of imminent disasters. “Polder Politics” is the term used to describe the negotiations […]

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Does US Manufacturing Still Matter?

I have heard a great deal of consternation from individuals on all ends of the political spectrum about why America is not making things anymore. This is quite a bit overhyped, but it is true that American GDP is not as reliant on manufacturing as we were half a century ago. Is this a bad […]

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