Columbia’s Jagdish Bhagwati, one of the nation’s foremost authorities on trade and globalization, explains why “outsourcing” is not an economic problem. His bottom line: “when jobs disappear in America it is usually because technical change has destroyed them, not because they have gone anywhere. In the end, Americans’ increasing dependence on an ever-widening array of technology will create a flood of high-paying jobs requiring hands-on technicians, not disembodied voices from the other side of the world.” As usual, Bhagwati is exactly right.