The article argues otherwise and backs it up with a plausible story from history, with two other stories (Switzerland and China) added above in the comments. A

The article argues otherwise and backs it up with a plausible story from history, with two other stories (Switzerland and China) added above in the comments. At least it seems plausible that the current way of "incentivizing investment" is not working, and we might even be better off completely without it.