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Union Sundown - Bob Dylan

by Brian ORoark

Trade is all about taking advantage of what you do better than someone else.  These comparative advantages lead to a reallocation of production resources.  Bob Dylan seems to find the outsourcing of jobs to other countries to be a bad thing, and for union members it is.  However, this dismisses the reality that low cost labor is the comparative advantage of some places. 

Union Sundown - Bob Dylan

Trade is all about taking advantage of what you do better than someone else. These comparative advantages lead to a reallocation of production resources. Bob Dylan seems to find the outsourcing of jobs to other countries to be a bad thing, and for union members it is. However, this dismisses the reality that low cost labor is the comparative advantage of some places.

from Union Sundown (1983)
Creator: Bob Dylan
Posted by Brian ORoark
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