Posts Tagged ‘comparative advantage’

  • Is It Better to Outsource or Insource T-shirts?

    Manufacturing Matters in the US

    Dec 10, 12 • 285 Views • No Comments

    Hearing about an apparel firm that “insourced,” I confess I was not as enthusiastic as the report. The firm, American Giant, had just enjoyed a run on their hoodies. As a Made in the USA producer, they have the caché of a San Francisco factory....  [read more]

  • US Chicken Paw Exports to China

    Playing Chicken With China?

    Sep 19, 12 • 326 Views • No Comments

    Yesterday’s headlines about the US taking China to the World Trade Organization (WTO) for unfair auto and auto parts subsidies took me to chicken feet and The Economist’s Sinodependency Index. Knowing the major firms that depend on China for...  [read more]

  • The Panama Canal Project Facilitates World Trade.

    A Made in the USA Mandate

    Jul 20, 12 • 237 Views • No Comments

    To introduce our first international trade discussion in class, I usually ask students to check where their clothing and shoes have been made. Finding labels that say “Made in China, Made in Thailand, Made in Peru…,” they first see how trade...  [read more]

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Assessing Outsourcing

    Jul 16, 12 • 311 Views • 4 Comments

    Until November 6, at econlife, Mondays will be about presidential election economics. In 2004, when President Bush’s Council of Economic Advisers chairman, Harvard professor Greg Mankiw, was lambasted for saying, “… I think outsourcing is a...  [read more]

  • Frittata with spinach and onion

    Should We Buy Local?

    Jun 21, 12 • 270 Views • No Comments

    I just finished an omelette with eggs and spinach from a nearby farm. It tasted good, I supported local business and I helped the environment. You could say that I had my cake (but it was spinach) and ate it too. But, here is the surprise. If you care about...  [read more]