Google didn't happen in the US because the US is a big country.
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I heard Michael Heseltine describe the UK's as a medium-sized economy. Beneath it seemed to be the assumption that a medium-sized country would have a medium-sized economy. But the increasing leverage of technology + the mobility of those who create it could make that false.
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It would take some work to estimate x and y, but the right way to think about this question might be: If you could get the right x people to move to your country, you'd end up with y% of the world economy.
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The people centric approach. https://www.prospectmagazine.co.uk/magazine/peoplenotideas … h/t
@AllottStephen -
This is partly why I'm interested in City States, or at least in harnessing the phenomenon of them.
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Or, if you as a smaller country re-invest in your populace via education and a social safety net and develop more "right" people than a bigger country that reserves easy access to education and general safety for the rich.
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Only if they don't come empty handed or you are given credit to buy resources they could use... simplistic approaches are never adequate. Not even slightly.
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Because money is everything.
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Of course not. But this conversation is about the relative sizes of national economies, in which, by definition, it is.
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Cf. Singapore, Hong Kong, Taiwan ...
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It would seem that in SV, the biggest interest is not to draw people into it. Year after year, SV becomes less interesting for foreigners, except founders
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He confused about agency and objective functions. Individuals shouldn't care about the gross size of their state, just its flourishing: is it free and prosperous? Iceland and Singapore are just fine.
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Theoretically, a single person living in country X with a server farm in country Y could single-handedly tip the scales. It all comes down to what country gets the jobs and which country gets to recognize the tax gain.
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