Tag Archives: Krugman

Outsourcing and Offshoring Help The Income Pump

Krugman points out 2 ways to transfer income upwards – outsourcing and offshoring The process I call The Income Pump switched on in the 1981-82 time frame.   Not sure what are all mechanical parts making up that pump, but it … Continue reading

Posted in Economics | Tagged , , , , , | Leave a comment