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I've lived in 6 countries and think everyone should spend time abroad. However, I don't buy this specific premise. - Low government spending can just as much
by JSR_FDED 3mo ago
I've lived in 6 countries and think everyone should spend time abroad.
However, I don't buy this specific premise.
- Low government spending can just as much lead to stagnation, poor infrastructure, poor healthcare and education.
- It's a global statement, but there are huge local variations that can make a big difference to economic environment. Living in a big city with a deep ecosystem around a specific sector will have a much bigger impact than what the government does nationally.
- You have options besides moving to another country. For instance investing in education that leads to better outcomes.
Moving to another country can have big economic effects, it's just not "the only true leverage you have".
- julienreszka 3mo agoinvesting in education has barely an effect on economic growth. to give you an example working as average cashier in switzerland is better economically than being average engineering manager in France
- disgruntledphd2 3mo ago> investing in education has barely an effect on economic growth Can you provide some evidence for this statement? Like, imagine a country where 50% of the population was illiterate. Would one expect to see lots of white collar workers in this country?