[ExI] Leveraging temporary income

[Stefano Vaj]

On 4 October 2012 18:26, David Lubkin <lubkin at unreasonable.com> wrote:

> Imagine it's Madagascar or Kyrgystan. Saying "R&D" is
> meaningless.
> Kyrgystan is currently the second poorest country in Central Asia.
> 90% of Madagascar lives on under $2 a day, 70% under a dollar
> a day. The only way they can plow sudden wealth into R&D is
> importing a cohort of foreigners, which introduces its own
> problems and doesn't set them up for later success.
>

Mmhhh. Yes. But this is true because they actually do *not* have a "sudden
surge of cash".

Otherwise they would not be in their current predicament in the first
place.

I suspect that unlimited fundings, strong motivation and a favourable legal
framework could do miracles even in a seasteading operation, which would
certainly be much "poorer" in absolute terms.

North Korea managed to develop some kind-of nuclear/space tech, and yet
they cannot really be considered as swimming in cash, natural resources,
international support and brain drain from other countries.

--
Stefano Vaj
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