11 ms·
First, I don't really know if the article's argument is correct, but the vehemence in the "1%" discussion is bad. If nothing else, this movement should concentr
by berntb 10y ago
First, I don't really know if the article's argument is correct, but the vehemence in the "1%" discussion is bad. If nothing else, this movement should concentrate more on rent seeking and regulatory capture.
Living in a part of the world with a bigger (non military) state, the state as entrepreneurial is a cruel joke. E.g., the last few Swedish governments have been systematically under investing in railway upkeep -- an improvement won't be noticed until after the next election, so the governments do the "bread and circuses" thing with the available resources instead, to win the next election. (This works because they also use the resources to integrate with the media and avoid too harsh criticism.)
But sure, the previous is arguably "entrepreneurial"... :-(
The examples of this abound for the whole of EU.
As another point:
The world has seen a fast global increase in the work force. That quite naturally stress the salaries and job markets in the "old world". (This rise of poor countries is IMHO a good thing, even if it hits me and other people like me.)
What I expected more of in the article: What works, considering international benchmarking of different tax/education/etc systems?