Tyler Cowan has an interesting summary of a recent book on the loss of manufacturing labour in the USA bq. The notion of “regression toward a mean” describes the manufacturing sector better than the universal downsizing hypothesis (Baumol, Blinder & Wolff via “Marginal Revolution”:http://marginalrevolution.blogs.com/) Does this idea apply to services ‘outsourcing’[⇒ related story] as well?
Peter Gallagher is student of piano and photography. He was formerly a senior trade official of the Australian government. For some years after leaving government, he consulted to international organizations, governments and business groups on trade and public policy.
He teaches graduate classes at the University of Adelaide on trade research methods and the role of firms in trade and growth and tweets trade (and other) stuff from @pwgallagher