A Flat World, a Level Playing Field, a Small World After All, or None of the Above? A Review of Thomas L Friedman’s The World is FlatJournal of Economic Literature, 2007, vol. 45, issue 1, pages 83-126 Abstract: Geography, flat or not, creates special relationships between buyers and sellers who reside in the same neighborhoods, but Friedman turns this metaphor inside-out by using The World is Flat to warn us of the perils of a relationship-free world in which every economic transaction is contested globally. In his "flat" world, your wages are set in Shanghai. In fact, most of the footloose relationship-free jobs in apparel and footwear and consumer electronics departed the United States several decades ago, and few U.S. workers today feel the force of Chinese and Indian competition, notwithstanding the alarming anecdotes about the outsourcing of intellectual services. Of course, standardization, mechanization, and computerization all work to increase the number of footloose tasks, but innovation and education work in the opposite direction, creating relationship-based activities—like the writing of this review. It may only be personal conceit, but I imagine there is a reason why the Journal of Economic Literature asked me to do this review. Date: 2007 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: http://EconPapers.repec.org/RePEc:aea:jeclit:v:45:y:2007:i:1:p:83-126 Ordering information: This journal article can be ordered from Access Statistics for this article Journal of Economic Literature is edited by Roger H. Gordon and John McMillan More articles in Journal of Economic Literature from American Economic Association |
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