At a facility in Western India, you would see the worn clothing that sorters had grabbed from a conveyor belt. Separating the T-shirts, the jeans, the sweatshirts and every other garment you can imagine, these workers are a link in a global secondhand clothing chain.…
India’s Car Horns
Standing near a busy intersection in Calcutta, you would hear a horn honk every 3 seconds. Or, as one Audi India executive explained, “With the amount of honking in Mumbai, we do on a daily basis what an average German…
Understanding Unemployment
A Washington Post article provided some insight about unemployment by suggesting that we place all US jobs into 2 buckets: One bucket contains firms participating in a global market. Some export goods and services. Others face competition from imports. Examples include: most…