Keyword: cheap labor

Dividing the Pie (5/13/2010)

Over-extended American consumers provided the ultimate market for consumer goods exported from low-wage countries that are willing to sell on credit.

Keywords: cheap labor, credit, economic pie, globalization, imbalance, profit share, Reserve currency, saving rate, trade deficit, wage share

Just-in-time Labor Division (1/14/2006)

Low cost contract manufacturing, online coordination among far-flung service providers and Internet viral promotion have propelled many startups into overnight empires.

Keywords: cheap labor, competition, consumer surplus, contract manufacturing, global labor division, instant company, Internet publicity, just in time, just-in-time, Keen, Kidrobot, outsourcing, promotion, shoe, start up, startup, toy

The Seduction of Cheap Labor (8/31/2005)

Cheap immigrant labor has kept labor-intensive lettuce farming in America that should perhaps have been offshored or mechanized.

Keywords: cheap labor, immigrant workers, immigrants, labor market, lettuce, offshoring, opportunity costs, wage