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- Path: sparky!uunet!cs.utexas.edu!sun-barr!rutgers!concert!samba!usenet
- From: Bruce.Scott@bbs.oit.unc.edu (Bruce Scott)
- Newsgroups: sci.econ
- Subject: Re: Comparative Advantage
- Message-ID: <1992Aug15.203214.28602@samba.oit.unc.edu>
- Date: 15 Aug 92 20:32:14 GMT
- References: <1992Aug14.214534.6206@gasco.com>
- Sender: usenet@samba.oit.unc.edu
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- Organization: Extended Bulletin Board Service
- Lines: 27
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- fpf@taurus.gasco.com (Frank Ferguson x3584) writes:
-
- >Given the disparity between income and wage levels between the developed
- >and developing world; and given the vast number of potential workers in
- >the developing world's low wage pool, one would expect the process of
- >lowering the industrial nation's workers wage level to go on for some
- >time. At the extreme, the wages of people in all nations would achieve
- >the a common level, and given the current situation that would mean that
- >wage earners in developed countries would see their wages fall to
- >equality with those of third world competitors.
-
- How does population pressure affect this argument? It would seem to me that
- high fertility rates will continue to drive down laborer income in under-
- developed countries, especially due to the (perceived, but is real?)
- laborers' interest in increasing the number of wage-earners under their
- control (read: children).
-
- Gruss,
- Dr Bruce Scott The deadliest bullshit is
- Max-Planck-Institut fuer Plasmaphysik odorless and transparent
- bds at spl6n1.aug.ipp-garching.mpg.de -- W Gibson
-
- --
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