August 04, 2005

"The Flat Road is Not Flat at All" - WSJ column

NY Times columnist Thomas Friedman uses the metaphor that the world is now flat.  By that he means that knowledge workers in India, China, and other lower-cost companies can take jobs away from Americans because of the Internet. But Columbia professor Jagdish Bhagwati, writing in the Wall Street Journal ($), thinks Friedman is overstating the competitive threat:

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