A note on a couple of recent radio interviews… On WBUR, Tom Ashbrook hosted an On-Point program on Offhsore Outsourcing. I thought Ashbrook did a good job of holding the participating economists' feet to the fire on just what the future holds for American workers. If the future of the American economy is to be built upon face-to-face personal services, can we all make a living as massage therapists to each other? Did we all get college educations so that we could tell our children to go into a career in plumbing? I was a bit startled about how blithely unconcerned some of these economists seem to be. It must still be difficult to offshore economists at this point.
On a related topic, a few days ago NPR ran an interview with Louis Uchitelle, the author of The Disposable American: Layoffs and their Consequences.