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245 points CrankyBear | 1 comments | | HN request time: 0s | source
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mentalgear ◴[] No.45774588[source]
Why would ANY global business still rely on U.S. Tech? The U.S. government, through their executive orders and dissolving of the separations of powers, has demonstrated its ability to unilaterally disrupt or shut down private technology services at will. How can any business justify depending on U.S.-based tech infrastructure when its access could vanish overnight on a political whim by an unstable president?

If there is no rule of law, capital, talent and trust are flowing out of that country - for good reason.

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Permit ◴[] No.45775184[source]
> capital, talent and trust are flowing out of that country

Is there non-anecdotal evidence of this that you can share with us?

My understanding is that people make this claim but I haven't seen evidence of it beyond one-off articles about individual professors leaving the country.

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1. mentalgear ◴[] No.45781164[source]
Would a Noble Prize in Economics (2024) satisfy your need for evidence ?

"The three academics won the prize mostly for providing causal evidence of the influence of the quality of a country’s institutions on its economic prosperity.

[...] a country that enforces property rights, limits corruption, and protects both the rule of law and the balance of power, will also be more successful at encouraging its citizens to create wealth, and be better at redistributing it."

"Nobel economics prize: how colonial history explains why strong institutions are vital to a country’s prosperity"

https://theconversation.com/nobel-economics-prize-how-coloni...