A blog for CinciDood's (aka Atomic Kid, aka Jack Julian) microeconomics course at IUP. Refresh page to ensure you are reading the most current entries.

Monday, April 03, 2006

Mitigating those China fears

If you find yourself a product of conventional wisdom, the Chinese will not be taking over our world by exploiting its cheap labor. They'll have to do it by paying them a better wage.

Read this NYT article on the Chinese labor shortage. (NYT registration is required. Registration is free, you just have to give up some private information. If someone really wants it contact me and I can email you a temporary link from the Times.)

http://www.nytimes.com/2006/04/03/business/03labor.html

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