[[{“value”:”A very good list from Kevin Bryan. 49 out of 50 correct, excellent ratio. 1) Ukrainians are heroes who suffered a ton. 2) Putin obviously covets Georgia and the Baltics also. 3) EU not in talks because they basically have no hard power; France even lost the Sahel. 4) The far right European parties are bad.
The post 50 Takes from Kevin Bryan appeared first on Marginal REVOLUTION.”}]]
A very good list from Kevin Bryan. 49 out of 50 correct, excellent ratio.
1) Ukrainians are heroes who suffered a ton.
2) Putin obviously covets Georgia and the Baltics also.
3) EU not in talks because they basically have no hard power; France even lost the Sahel.
4) The far right European parties are bad.
5) Pretending parties that win state and EU elections, and are in govt in NL and AT and IT, aren’t legitimate will not end well.
6) And in fact EU & UK speech laws not on side of liberty.
7) (but EU food and kid culture is better!)
8) Europe’s demographic crisis is really severe; not sure what the solution is.
9) Engineer training esp in France, Italy, Switz is excellent.
10) That talent should produce better econ outcomes, so econ policy must be dreadful.
11) Trump clearly doesn’t value democracy.
12) Most of his actual actions are much milder than his words.
12) Would be a disaster if that changed.
13) Censorious right wing culture will cause backlash just like woke culture did (put another way, 90s civic culture was better!)
14) Decline in trust in universities, media, and public health was our own fault.
15) Broader ideological diversity would be a huge improvement.
16) “Smart people in private sector” are much more ideologically diverse.
16) Canada has resources and good demographics so future is strong.
17) But culture based on “we aren’t US” is a dead end.
18) CA attitude to US like Calif attitude towards Texas: many stereotypes, little knowledge, and getting crushed on growth.
19) Most Middle East problems easy to solve but populace even crazier than leaders.
20) With exception of Iran, who would be great ally of West based only on median “voter”.
21) Dubai isn’t somewhere I’d live, but economically it is most fascinating success of recent decades.
22) Future of India very bright – English, young, educated, democratic, globally focused, successful expats.
23) Bangladesh as well.
24) Pakistan has problems that are very hard to fix, though Hunza is prettiest place in the world.
25) China underrated: the growth is actually staggering and tech leapfrogging in many areas is clear.
26) Chinese universities getting very strong, many foreign students from dev world.
27) But society way more closed than when I worked there 20 yrs ago, HK stolen, Taiwan?
28) Korea and Japan are delightful, but what will happen to countries who lose 20% of population in a generation?
29) Vietnam and Indonesia are very interesting going forward, esp former, as important powers.
30) Australia as well: resources and culture.
31) The future is African: tautology based on demographics.
32) The Sahel can easily get much much worse.
33) As can Central Africa, largely because of Kagame.
34) Ethiopia, Kenya, Nigeria, Ghana, Bénin as growth miracles seems possible, though.
35) Latin America is joyous and way underappreciated for cultural interest.
36) But highly polarized Presidential systems make it so hard to improve.
37) And the educational underperformance is a real barrier to growth.
38) US is clearly economic engine of world, and more so now than 10 years ago, and you are deluded to think otherwise.
39) Why? Energy costs and tech sector, esp AI, plus growing pop of high grit immigrants. Have to get these right.
40) Avg US govt quality is not good but generally it doesn’t try to do very much, which makes it less of a problem.
41) But it isn’t filled with fraud – it is almost all old age transfers and military and interest.
42) More federalism, weaker courts would be better (this is Canada’s secret – federal courts don’t matter).
43) More transfers to young would be better: preK, service opps, parental leave, guaranteed vacation.
44) That said, US policy directionally right, and Germany has more to learn economically from Texas than vice versa (let people build, keep energy cheap).
45) Still, institutions matter, and hard to rebuild once destroyed.
46) EU = no war in W Eur for 80 years = it is good.
47) NATO, UN, World Bank have flaws, but they are so cheap and global stability so rare historically that they are good.
48) Greenland in CoFA, free labor movement with Canada and US: both good, made harder by DT rhetoric.
49) Shame is useful to keep public servants and regular Joes on straight and narrow path.
50) But at the end of day, success more important than words. Strong countries and societies and global orders are not build on words & soft power, but on growing liberty & prosperity.
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