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A better title would be “Economic Development and Investment has Lasting Influence”. (Brought to you by Obvious Publishing, Inc.) Isn’t that what civilization
by MR4D 8y ago
A better title would be “Economic Development and Investment has Lasting Influence”. (Brought to you by Obvious Publishing, Inc.)
Isn’t that what civilization is all about?
- MR4D 8y agoWow, someone didn’t like my comment! So I’ll try again... What the article is discussing is an effect of civilization. Humans invest in things to create lasting effects. Perhaps the best documentation on this theory is Porter’s Diamond [0], which helps explain things like Silicon Valley for tech, HOUSTON for Oil & Gas, or car builders in Northern Italy. If we didn’t see these effects, then there would be no way to advance civilization. Put another way, there have to be lasting effects a good part of the time, or we’d still live back in the Stone Age. My frustration is that the author seems to think this is amazing place, despite the fact that it can be found all over the world. Another example would be London for finance, and Switzerland for banking. [0] https://www.investopedia.com/terms/p/porter-diamond.asp https://www.investopedia.com/terms/p/porter-diamond.asp