Comment by rayiner
2 days ago
I doubt its better for India to have Indians making Google richer than to have them staying in India to make something even a fraction of the size of Google in India. How is India going to create that ecosystem if all the smart people leave?
It's better to not frame this in terms of a specific country, lest it come across as if we're picking on India specifically.
Developing countries have structural reasons for why they are underdeveloped. This is a very complicated topic, and one for which there is no shortage of academic interest. I suggest starting from William Easterly's "The Elusive Quest for Growth".
I quote here from the book review MIT Press:
> What is necessary for growth is that government incentives induce investment in collective goods like education, health, and the rule of law
> This is a very complicated topic, and one for which there is no shortage of academic interest. I suggest starting from William Easterly's "The Elusive Quest for Growth
What's Easterly's qualifications? Has he ever successfully improved the economy of a developing country? I'd rather learn what LKY or Park Chung Hee or heck even Deng Xiaoping or Pinochet had to say.
At this point it's hard to take your opinion seriously if you think we should model economic policy after Pinochet.
If you want to know Easterly's qualifications, just read his Wikipedia page. https://en.wikipedia.org/wiki/William_Easterly
Being ignorant is a choice.
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