Slashdot Mirror

← Back to Stories (view on slashdot.org)

Paul Samuelson Challenges Outsourcing

Posted by ryuzaki0 on from the they-took-our-jobs dept.

Noryungi writes "Paul A. Samuelson, Nobel Laureate in Economics, a professor at MIT challenges the outsourcing of jobs (retinal scan login required) to India and China. Choice quote: To put things in simplified terms, he explained in the interview, being able to purchase groceries 20 percent cheaper at Wal-Mart does not necessarily make up for the wage losses."

1 of 686 comments (clear)

  1. Re:Bugmenot by i_r_sensitive · · Score: 0, Offtopic
    Thanks, that was the missing extension. I couldn't remember which one I had installed the day of the /home incident...

    Offtopic me, I don't care, I have the karma of a 5-digit...

    --
    "Talk minus action equals nothing" - Joey Shithead, D.O.A.
    "Talk minus action equals /." -