The "selling" of the American economy -- The invisible worker -- Foreign capital -- Not in my backyard -- Not in Washington's backyard, either -- Foreign owners, American management -- The welcome mat -- The race between the states -- View from the top -- The new face of the American economy

Economic globalisation and technological change are the two issues that concerned people in the past, concern them today and will concern them in the future - all over the world, poor or rich. Traditionally, questions about allocative effects are asked: What are the labour market implications?...