Globalization - the irrational fear that someone in China will take your job

Bruce Greenwald and Judd Kahn, Wiley, Multco 337 G816g 2009

As I write this, fear of job loss to China has been replaced by fears of job loss to robots, but the same paranoia is engaged. Don't be a robot (or worse), and a robot will not take your job. Nor will an unskilled Chinese peasant take your job, unless you do work that any unskilled non-English-speaking peasant can do. The cure? Learn something useful, and keep learning

• 002 Norman Angell The Great Illusion, 1909, claimed interdependence reduces state rivalry. WW1, oops. Thomas Friedman says the same in The World is Flat in 2006.

• 003 globalization peaked between 1910 and 1920, then declined for the next 30 or 40 years. 1920 peak at 18%, 1950 13%, 2000 30%

• 008 Employment Historical Statistics of the United States

|| Financial || 9% || || 20% ||

• 011 Most services remain rooted
• 012 Foreign radiologists are very few, mostly off-hours stuff in Australia, Switzerland, and the US
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