4 ms·
> To seek otherwise would be to try to persuade businesses (through tax incentives etc.) to relocate to less-desirable areas, so that people will follow and inv
by ___null___ 4y ago
> To seek otherwise would be to try to persuade businesses (through tax incentives etc.) to relocate to less-desirable areas, so that people will follow and invest with human capital.
I saw this in rural Austria, Im not austrian but it seems to have worked well. Many large industrial factories seemingly in thr middle of no where.
- solatic 4y agoThat's precisely my point. It's always possible to move individual companies or factories to somewhere rural with sufficient tax (etc.) incentive. But the initial artificial influx of capital fails to catalyze additional natural investment. Such places always remain "in the middle of nowhere."