On a global scale wage differences are enormous across countries ranging from, for example, 1,10 € per hour in China to almost 28 € per hour in Germany (see, e.g. Sinn (2006)). Wage differences like this constitute a central explanation for the increasingly dominant business practice of international outsourcing across a wide range of industries. For example, Business Week (2003), Amiti and Wei (2004) as well as Rishi and Saxena (2003) refer to the huge difference in labour costs as the key explanation for the strong increase in outsourcing of both manufacturing and services to countries with low labour costs. However, the exploitation of the marginal cost advantages offered by production in low-wage countries typically requires that the firms make sunk investments into the establishment of networks of suppliers in the relevant low-wage countries.
Now, when speculation and research concerning the life after death are arousing more interest in the public mind than at any other time in human history, it seems peculiarly fitting that I should publish my "Travels in the Spirit World.
So far, every attempt to lift the curtain that separates us from the realms of the spirits has been carried on through a "medium." But in this little book, I shall describe scenes of the Spirit World which I have witnessed with my own eyes, and I shall relate conversations with spirits in which I have actually taken part. I have been enabled to tell you of these marvelous occurrences by virtue of a rare faculty which few possess: the ability to leave the physical body and to live for the time being in the astral, the power of being a spirit though there has been no actual physical death. So, because of my additional ability to reason and to reflect on the meaning of all I saw and beard, as well as the power to retain it in the memory, I have garnered the knowledge of the life hereafter which I now present to the public—a knowledge which must be considered as first hand evidence on the subject; a knowledge obtained, I believe, by the only process possible to mortals.
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