U.S. Exports: Services

According to NY Times via Carpe Diem, the U.S. leads the world in the export of services.

Comments

Post a Comment

Popular posts from this blog

Health insurance rules: What would the price impact be of new federal health insurance rules?

AAPS summarizes: So what would be the effect of proposed federal insurance rules? Obama said premiums would go down; Alexander said they would go up. The CBO weighed in with a 28-page analysis . The answer seems to be: “It depends.” Large group plans, small group plans, nongroup plans? Income level (i.e. subsidy level)? “Bare-bones plan” (probably to be outlawed), “Cadillac plan (prepare to be taxed), or just-right plan?
Read more

Minumum Wage: The Evidence

From Carpe Diem: Bottom Line: Artificially raising wages for unskilled workers reduces the demand for those workers at the same time that it increases the number of unskilled workers looking for work, which results in an excess supply of unskilled workers. Period. And another term for an "excess supply of unskilled workers" is an "increase in the teenage jobless rate." Despite the wishful thinking of politicians and labor unions, the laws of supply and demand are not optional.
Read more