"In a prosperous country such as the United States, a fallacy that sounds very plausible is that American goods cannot compete with goods produced by low-wage workers in poorer countries, some of whom are paid a fraction of what American workers receive. But, plausible as this may sound, both history and economics refute it."
Sowell, Thomas (2010-11-16). Basic Economics: A Common Sense Guide to the Economy, 4th Edition (Kindle Locations 8617-8619). Basic Books. Kindle Edition.
Shall we discuss this (cont.)?
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In-context editing is pretty cool cool!