Theme: Productivity

  • THE RISE OF IRELAND? **—-“What is a good and recent book on the Irish economic m

    https://www.quora.com/What-is-a-good-and-recent-book-on-the-Irish-economic-model-and-the-rise-of-the-Celtic-Tiger-The-shorter-and-easier-to-understand-the-better-as-I-dont-have-a-background-in-economy/answer/Curt-Doolittle?share=917bf653&srid=u4QvWHY THE RISE OF IRELAND?

    **—-“What is a good and recent book on the Irish economic model and the rise of the Celtic Tiger? The shorter and easier to understand the better, as I don’t have a background in economy.”—-**

    You don’t need to read a book. It’s too simple a subject for a book.

    1) They provided **heavy tax incentives** to companies who would locate there and employ skilled (technology) workers.

    2) They have the **UK judicial system**, which after the USA is the best in the world, and therefore minimizes investment risk and corruption risk.

    3) They had a pool of **underutilized, over-educated, human capital**, that speaks **english**, is **christian**, part of **scandinavian culture**(yes), at **cheap** hourly cost. (Ireland is the catholic version of orthodox culture’s Ukraine. )

    4) They benefited from (forced) **redistribution** from the EU.

    In other words, the irish miracle is a function of low taxation, a median IQ of 100, and low cost, educated population, with northern european ethics and morals, the world’s language of business (english), and one of the world’s best legal systems.

    This strategy is **replicable** if and only if you have the HUMAN CAPITAL and CULTURAL CAPITAL and KNOWLEDGE CAPITAL to duplicate it. Ergo, this strategy is very close to exhausted. (Although the tech sector of Ukraine is working hard to copy it.)


    Source date (UTC): 2018-01-14 09:25:00 UTC

  • What Is A Good And Recent Book On The Irish Economic Model And The Rise Of The Celtic Tiger? The Shorter And Easier To Understand The Better, As I Don’t Have A Background In Economy.

    —-“What is a good and recent book on the Irish economic model and the rise of the Celtic Tiger? The shorter and easier to understand the better, as I don’t have a background in economy.”—-

    You don’t need to read a book. It’s too simple a subject for a book.

    1) They provided heavy tax incentives to companies who would locate there and employ skilled (technology) workers.

    2) They have the UK judicial system, which after the USA is the best in the world, and therefore minimizes investment risk and corruption risk.

    3) They had a pool of underutilized, over-educated, human capital, that speaks english, is christian, part of scandinavian culture(yes), at cheap hourly cost. (Ireland is the catholic version of orthodox culture’s Ukraine. )

    4) They benefited from (forced) redistribution from the EU.

    In other words, the irish miracle is a function of low taxation, a median IQ of 100, and low cost, educated population, with northern european ethics and morals, the world’s language of business (english), and one of the world’s best legal systems.

    This strategy is replicable if and only if you have the HUMAN CAPITAL and CULTURAL CAPITAL and KNOWLEDGE CAPITAL to duplicate it. Ergo, this strategy is very close to exhausted. (Although the tech sector of Ukraine is working hard to copy it.)

    https://www.quora.com/What-is-a-good-and-recent-book-on-the-Irish-economic-model-and-the-rise-of-the-Celtic-Tiger-The-shorter-and-easier-to-understand-the-better-as-I-dont-have-a-background-in-economy

  • Why Are There So Many White And Indian People Here?

    MSFT has been a heavy recruiter from India for decades. India has only about a 200M person above ground economy, but that’s still a huge population of at least marginal english speakers to draw from, with low problems of integration into american culture.

    Before Microsoft the only sizable employer was Boeing, who heavily employed technical people.

    Washington and Oregon were not heavily industrialized during the war era, and did not draw ‘laboring classes’ or ‘underclasses’ in large numbers from the declining agrarian lands.

    Also, during the 1950’s and 1960’s it was illegal to move here if you were a ‘person of color’.

    For these reasons the northwest is somewhat (for now) idyllic part of the country was insulated from mass importation of the underclasses, and the accompanying racial conflicts between races, ethnicities, and immigrants.

    Currently the area is too expensive to import the underclasses. So it’s possible that the area may stay ‘idyllic’ for a few more years. High prices protect regions from underclasses.

    The area has been in rapid decline for about six years now, if not eight, due to massive influx of people driving up prices.

    Let me promise you something: Microsoft will not succeed in the transformation. It missed it’s window. I don’t know Satya outside of one deal I did. But microsoft has been a 100M a year customer for me and mine, for much of my adult life. And if I know how to collapse that company economically and technologically then some other competitor does.

    When that happens …. those tacky buildings in redmond will turn downtown in to slums. And prices, at least on the east side, will do what they did in Boston when the tech boom moved from the northeast to california.

    I got out early.

    https://www.quora.com/Why-are-there-so-many-White-and-Indian-people-here

  • The Norwegians have the highest standard of living for the same reason the Saudi

    The Norwegians have the highest standard of living for the same reason the Saudi Family has gold plated toilet fixtures, and Russia is other than a third world country: because it has vast oil reserves and a very small population with low reproduction rates. Oil pays for it.


    Source date (UTC): 2018-01-13 20:35:55 UTC

    Original post: https://twitter.com/i/web/status/952278056177164289

    Reply addressees: @Liz_Prato

    Replying to: https://twitter.com/i/web/status/951653826628542464


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    Original post: https://twitter.com/i/web/status/951653826628542464

  • You want the scariest economic question of all? What is the cumulative cost per

    You want the scariest economic question of all? What is the cumulative cost per year of the loss of one point of median IQ? What is the aggregate return on increasing median IQ by one point per year? What is the single highest return a polity can invest in? #Trump


    Source date (UTC): 2018-01-12 15:45:25 UTC

    Original post: https://twitter.com/i/web/status/951842560602968065

  • Furthermore, in general, if we were to separate ethnically european americans fr

    Furthermore, in general, if we were to separate ethnically european americans from not, the country would turn a healthy profit and be able to afford dividends (redistributions) and carry no debt. Research is plentiful if you have the knowledge to read it.


    Source date (UTC): 2018-01-12 14:19:38 UTC

    Original post: https://twitter.com/i/web/status/951820973011062784

    Reply addressees: @RyanRoach5 @CurtisHouck @RichLowry @joanwalsh

    Replying to: https://twitter.com/i/web/status/951820612921708544


    IN REPLY TO:

    Unknown author

    @RyanRoach5 @CurtisHouck @RichLowry @joanwalsh Again. It’s over your head. Deal with it. You’re an Island 120 wannabe, and as far as I can tell you lack the basic understanding to hold such discussions. Immigrants cost – minimum of 15k, and as much as 15k per year. Meanwhile ‘ethnic europeans’ are a profitable resource.

    Original post: https://x.com/i/web/status/951820612921708544


    IN REPLY TO:

    @curtdoolittle

    @RyanRoach5 @CurtisHouck @RichLowry @joanwalsh Again. It’s over your head. Deal with it. You’re an Island 120 wannabe, and as far as I can tell you lack the basic understanding to hold such discussions. Immigrants cost – minimum of 15k, and as much as 15k per year. Meanwhile ‘ethnic europeans’ are a profitable resource.

    Original post: https://x.com/i/web/status/951820612921708544

  • For the temporal and experiential *animal, consumption is an understandable meas

    For the temporal and experiential *animal, consumption is an understandable measurement of ‘success’. For the intertemporal, empirical and cumulative *human, consumption without a decline in intertemporal capital is a measurement of ‘success’.


    Source date (UTC): 2018-01-12 13:25:11 UTC

    Original post: https://twitter.com/i/web/status/951807271260090368

    Reply addressees: @RyanRoach5 @CurtisHouck @RichLowry @joanwalsh

    Replying to: https://twitter.com/i/web/status/951718518776410112


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    Original post: https://twitter.com/i/web/status/951718518776410112

  • The economics of immigration is contentious only because we do not measure the c

    The economics of immigration is contentious only because we do not measure the changes in capital, only the change in productivity (lowering) and consumption (only maintained by increasing population). Not that you’re likely able to have this discussion with me.


    Source date (UTC): 2018-01-12 13:22:44 UTC

    Original post: https://twitter.com/i/web/status/951806652432478208

    Reply addressees: @RyanRoach5 @CurtisHouck @RichLowry @joanwalsh

    Replying to: https://twitter.com/i/web/status/951718518776410112


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    Original post on X

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    Original post: https://twitter.com/i/web/status/951718518776410112

  • You want the scariest economic question of all? What is the cumulative cost per

    You want the scariest economic question of all? What is the cumulative cost per year of the loss of one point of median IQ? What is the aggregate return on increasing median IQ by one point per year? What is the single highest return a polity can invest in? #Trump
  • You want the scariest economic question of all? What is the cumulative cost per

    You want the scariest economic question of all? What is the cumulative cost per year of the loss of one point of median IQ? What is the aggregate return on increasing median IQ by one point per year? What is the single highest return a polity can invest in? #Trump