December 10, 2003

A Cure Worse Than The Disease?

http://www.businessweek.com/smallbiz/content/dec2003/sb2003122_8887.htm

Article describing an innovative approach to outshoring: hire programmers in the USA and pay them Indian/Russian-level wages. The company which tried this got deluged with applications from out-of-work programmers who were more than willing to take half-a-loaf, and all of the complexities with remote dealing went out the window.

Whether this will work more generally is open to debate, and it would seem to have a depressing effect on the standard of living in the USA [not as depressing as being unemployed, of course]. But one of the tenets of the global economy is global competition, and it may well be that we have here an ebbing tide which lowers all boats.

Posted by jho at December 10, 2003 12:06 PM
Comments

A plague o' both your houses! amoxil buy amoxil We know what we are, but know not what we may be.

Posted by: amoxil at November 14, 2004 02:51 PM
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