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...MANN: Multinationals are already going abroad for new ideas about how to get the mouse. Why are they going there...

Author: /time Magazine | Title: Think Globally, Act Locally | 10/11/2004 | See Source »

...MANN: The United States, for a very long time, thought it could get by by being pretty good at everything it does. An athlete with great talent who doesn't train is ultimately going to be caught by somebody who has less talent but better training. We don't get to make the globalization choice. We do get to make the choice about whether or not we change...

Author: /time Magazine | Title: Think Globally, Act Locally | 10/11/2004 | See Source »

...MANN: I disagree with you. Labor economists know a lot about how to promote skills evolution in the face of change. We know a lot about re-employment. So there is a sense of understanding among the policy community. There is not that sense of urgency or desire to spend any money in the political community...

Author: /time Magazine | Title: Think Globally, Act Locally | 10/11/2004 | See Source »

...MANN: Or an income tax credit...

Author: /time Magazine | Title: Think Globally, Act Locally | 10/11/2004 | See Source »

...MANN: There are two sets of issues with respect to labor- market adjustment. One has to do with people who have lost their job in an area where there's no replacement. That has to be addressed through wage insurance, through unemployment insurance, through the portability of health care and pensions. So if you lose your job, you don't lose everything else with it. But there is a different problem: firms do not have an incentive to, say, take people who are programmers and train them to be systems-integration network engineers. We ought to have some kind...

Author: /time Magazine | Title: Think Globally, Act Locally | 10/11/2004 | See Source »

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