April 3, 2013
Most everyone understands “offshoring”. Many have heard about “Onshoring” or “Reshoring”, in fact, we had a post on this recently. Now comes the idea of “Homeshoring”. “Homeshoring” is essentially a combination of “Onshoring” and “telecommuting”. For now, much of the “Homeshoring” jobs are centered around call center services. New technology allows jobs that were previously […]
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April 3, 2013
Voluntary trade benefits both sides, even in the global economy and even when benefit is distributed unequally. Worrying about a trade deficit, or a trade surplus, is largely useless. Countries with trade surpluses benefit from trade because they use the unspent foreign currency to invest in their prosperous trading partner. Countries with trade deficits benefit […]
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