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Ben Folds/Nick Hornby: From Above

112
Wendell Zurkowitz ((slave to the waffle light))12/08/2010 7:05:46 am PST

re: #110 schnapp

Wherever it is most productive, which doesn’t always mean “cheapest”. Most Chinese workers are not nearly as educated and skilled as most US workers.
But international trade ultimately makes countries move to producing what they can do the most productively, and for the past 250 years higher productivity has meant higher wages.

Was too terse in my terminology: whatever brings the highest ROI.