My outsourcing story -- I'm getting some extra money on the side because of Indian outsourcing.
I live in NYC. I used to have an academic career but now am in business. Still, I've kept up my math education interests.
Due to my website, replete with c.v., I get an email from an Indian company. They want me to review and write math texts that are used in community colleges in America. The community college outsources the publication of a text that is custom-made to their curriculum. The Indian company has low overhead (I'm sure their editors are lower-paid than the textbook editors here in NYC). They find academics in North America, who understand teaching students here better than Indian writers would know, and pay us on a per-job basis.
I hooked up about 5 of my friends with this company to do contract jobs for them. We email the Word documents between each other, and confer through AIM, email, and internet phone. This kicks ass. So instead of wasting my time playing games on the internet, I've increased my productivity. Some people in India are enriched, and students get a text that's not the usual generic-market crap that's over-priced. Everybody wins! I love it!
Anyway, I think it's fabulous that a country like India is getting development like this. They've got lots of smart and well-educated people there, and being part of a worldwide free enterprise system can only stabilize their country more in years to come, and I hope that the wealth spreads around. Just like microlending, this is a way for sustained growth and prosperity. Foreign aid handouts are great for emergencies, but not for the long run.
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