3 ms·
"A little bit of slope makes up for a lot of y-intercept" — China seems to have taken this to heart. - The amount spend by gov and private sector on education
by thenanyu 8y ago
"A little bit of slope makes up for a lot of y-intercept" — China seems to have taken this to heart.
- The amount spend by gov and private sector on education is insane; high literacy rate is an amazing accomplishment.
- Requiring foreign firms to give up technologies for market access is more or less the embodiment of this idea.
- IP theft is similar, you're trading a reputational hit for the means of growth.