This was a hugely popular tweet, but it isn't a close analogy. ... https://twitter.com/GarettJones/status/1073982240932143105 …
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"The problem is that because small schools don’t have a lot of students, scores are much more variable. If for random reasons a few geniuses happen to enroll in a small school scores jump up for that year and if a few extra dullards enroll the next year scores fall." ...
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... How is this remotely comparable to the situation with small states. Is Hong Kong random-walking around the PISA, IQ, or economic indices? Of course not. ...
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Replying to @Outsideness
Describing Hong Kong as a state is incomplete. HK has the luxury of being able to sustain itself as a merchant hub without also needing to sustain itself as a sovereign nation, as does Singapore.
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Replying to @bindtortureill
OK, then substitute Singapore. It doesn't change the argument.
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Replying to @Outsideness @bindtortureill
... How likely is it that Singapore -- like a "small school" -- is suddenly going to be overrun with "dullards" and suddenly shift position in all relevant indices? (Yes, quite.)
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Replying to @Outsideness
It's not that Singapore is going to stop being Singapore, it's that being Singapore only works if there's not very many places like Singapore already in the world.
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Replying to @Outsideness
Sure, but saying that the success of the hypercapitalist microstates is from them being specialized pieces of a larger global economy does make it less likely that we should all mimic their policies.
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Replying to @bindtortureill
Couldn't be less interested in "we should all" arguments, which are exactly socialist polemics.
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... There's literally nothing "we should all" be doing, unless doing as many different things as possible counts.
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