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Americans will definitely be better off than the Dutch once global warming will have risen the sea levels so much that Holland will have disappeared.
Ironically, this will be caused by Americans more than by the Dutch. Unfair.
Are Americans better off than the Dutch?
For a lot of questions, comparisons of per-capita GDP yield the correct answer to a first-order of approximation. For example, are Americans richer than the Chinese? A comparison of GDPs per capita, adjusted for PPP differences, yields an unambiguous answer in favor of the U.S. Yes, income may...
Globalisation is a myth: http://andreasmoser.wordpress.com/2011/05/09/globalisation-is-a-myth/
An article in Dutch
This is an article in Dutch about the Globalization Paradox and my views on the eurozone crisis. The picture is horrible, but I am told the writeup is pretty good.
Ironically enough, we have to ban states from competitive behaviour and trying to undercut each others' offers to companies if we want to ensure real competition.
I am intuitively against any tax breaks to lure companies to a state, but doesn't it also cost the state money to train the workforce and bild infrastructure? And why does it matter in what way the state spends money to get an investor of whom the state thinks it has a long-term benefit?
More on "bidding for firms"
I said (Bidding for firms): My state income tax payment goes to someone else in the state. But in this case the reduced taxes are enjoyed by Facebook folks out-of-state. If out-of-state folks don't have standing then the incentives are costs. Since the state is granting the tax breaks I'm inclin...
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Oct 12, 2010
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