The Nobel Prize liberal economist Paul Krugman recently argued
that we need more government because people tend to make poor education/career decisions. Shortly after reading Krugman's case for bigger government, I read an article in the LA Times
about how some people in the Philippines were lured to America with the false promise of high wages.
Somewhat inspired by this very popular blog entry... A Week of Shorter Rod Drehers
... I patched together some relevant snippets from Paul Krugman...
: The world economy is a system -- a complex web of feedback relationships -- not a simple chain of one-way effects
: Wages, prices, trade, and investment flows are outcomes, not givens
: Wages are a market price--determined by supply and