THE OUTSOURCING BOGEYMAN: Daniel Drezner has an article in Foreign Affairs arguing that concern over the outsourcing/job loss question is misplaced:

Outsourcing actually brings far more benefits than costs, both now and in the long run. If its critics succeed in provoking a new wave of American protectionism, the consequences will be disastrous — for the U.S. economy and for the American workers they claim to defend.

As is his custom, he has also placed a bibliography, etc., on his blog, something that I suspect many reporters, etc., working on this topic will find very useful.

UPDATE: Here, on the other hand, is a potentially genuine worry about outsourcing in the tech field: sabotage.