Krugman on Cheap Labor

by Don Boudreaux on August 12, 2004

in Trade

This March 1997 Paul Krugman essay on low-wage foreign workers, published in Slate, is excellent. It’s worth a read; actually, it’s worth two reads.

(Reading this essay supplies a good reason for hoping that John Kerry wins the November election: With a Democrat in the White House, Paul Krugman might rediscover legitimate economics.)

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