Milton Friedman Discusses Outsourcing
The Dallas Fed has posted on YouTube four excerpts from an hourlong discussion Dallas Fed president and CEO Richard W. Fisher had with Milton Friedman on October 19, 2005 (about a year before Friedman's death).In the excerpt shown here, Friedman argues that outsourcing to countries like India and China is advantageous for the US because it enables the US make more productive use of its resources.
You can access the entire conversation between Friedman and Fisher here.
Labels: Collaboration, Productivity
posted by Karen Nelson @ 11:38 PM
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