Outsourcing and offshoring are often lumped together as being a negative factor as far as American interests are concerned. Today, let’s instead consider how rich outsourcing actually makes us. We will tackle the topic of offshoring another day. In the meantime, please accept the fact that they are not the same.

Outsourcing occurs often and can be rather domestic. For example, when I let the lawn service company mow my yard, I am said to have outsourced my yard work. Similarly, I outsource the task of cleaning my shirts to the dry cleaner. I have even outsourced the production of my food to farmers.

Outsourcing results from free will wherein I determine I am more effective (read: profitable) by letting you do or make something for me. I will trade my effective production for yours, and we will all be better off. Thankfully, if you are Sir Alexander Fleming, your effective production eventually produces penicillin, and we are all incredibly better off.

Imagine what would happen if we were not allowed to search for and gravitate toward personal profitability. You would have to spend all of your creative energy on growing your own food and building your own home, and we all suffer. Outsourcing exponentially raises the standard of living for all while honoring liberty and free will.

- Brian Terrell, CPA and Founder