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One problem I see here is considering it to be wasteful...

by Eldt 7y ago

gota 7y ago
It is wasteful from the perspective of the taxpayers that funded that highly-specialized, highly-sought after education only to see it move away (BTW the argument is the same even if that education was not strictly paid off by public money. The way societies and nations organize themselves, you're taking up a valuable resource just by occupying the "slot", even if you are paying for it the people around you are incurring in all sorts od externalities to support your existence and studies) I'm honestly surprised that the position that Brain Drain is not a problem exists and would be curious to see your reasoning Also - Brain Drain also negatively affects the destination country in the sense that it "eases" the societal pressure on providing top notch/decent education to the general population. Why bother with educating your people when you can let the best people from elsewhere immigrate? Revert that and see how fast FAANG backed education reforms hit Note -I'm not all in for either side, and believe as in most things there's an ideal middle ground. Let some come. Send some away, too! There's a lot of value in the exchange. But check the list od instructors in the post's page: a tremendously hot topic in one of the best educational institutions in the world - and how many instructors are stereotypically "immigrants"? I'm leaning towards 100%
- zozbot234 7y ago
  Most expats do not move away altogether from their country of origin. Labor mobility ("brain drain"), even of skilled professionals, is not a negative; on the contrary, it has huge positive externalities for both the origin and the destination country, even if these don't always show up in obvious monetary terms. People are the ultimate 'resource' for building wealth, and ensuring that people are free to move around and seek the highest and best opportunities for themselves is absolutely the best policy. (At least if a few safeguards are included to minimize, e.g. social disruption due to large-scale movement of people affecting the local culture and society in unexpected ways. 'Open borders' should never be taken literally, but it's an ideal to move towards gradually.)

One problem I see here is considering it to be wasteful...

by Eldt 7y ago

One problem I see here is considering it to be wasteful...

gota 7y ago

It is wasteful from the perspective of the taxpayers that funded that highly-specialized, highly-sought after education only to see it move away (BTW the argument is the same even if that education was not strictly paid off by public money. The way societies and nations organize themselves, you're taking up a valuable resource just by occupying the "slot", even if you are paying for it the people around you are incurring in all sorts od externalities to support your existence and studies) I'm honestly surprised that the position that Brain Drain is not a problem exists and would be curious to see your reasoning Also - Brain Drain also negatively affects the destination country in the sense that it "eases" the societal pressure on providing top notch/decent education to the general population. Why bother with educating your people when you can let the best people from elsewhere immigrate? Revert that and see how fast FAANG backed education reforms hit Note -I'm not all in for either side, and believe as in most things there's an ideal middle ground. Let some come. Send some away, too! There's a lot of value in the exchange. But check the list od instructors in the post's page: a tremendously hot topic in one of the best educational institutions in the world - and how many instructors are stereotypically "immigrants"? I'm leaning towards 100%

zozbot234 7y ago
Most expats do not move away altogether from their country of origin. Labor mobility ("brain drain"), even of skilled professionals, is not a negative; on the contrary, it has huge positive externalities for both the origin and the destination country, even if these don't always show up in obvious monetary terms. People are the ultimate 'resource' for building wealth, and ensuring that people are free to move around and seek the highest and best opportunities for themselves is absolutely the best policy. (At least if a few safeguards are included to minimize, e.g. social disruption due to large-scale movement of people affecting the local culture and society in unexpected ways. 'Open borders' should never be taken literally, but it's an ideal to move towards gradually.)