Paul >> In 1970, Korea sent young people en masse to study engineering.
By 2012, it was exporting microchips instead of fish.
Those who invest in STEM reap industries.
Those who invest in rhetoric reap lawsuits.
William >> 2026 Index of Economic Freedom.
* United States: 22nd place
* Brazil: 134th place
* North Korea: 176th place
You can invest in whatever you want, but with such leftist economic policies, no nation prospers.
(Prosperity, to me, means the quality of life of the people).
Not that economic freedom on its own is enough, but it is an essential starting point.
Even a dictatorship can make economic progress if the dictator doesn't suffocate the means of production too much.
Chile is a good example in Latin America.
Pinochet intervened a lot politically, but economically he stimulated the free market as much as possible.
Let's suppose Brazil encourages young people to study engineering.
The business environment here is terrible.
The ones that create the most jobs are small and medium-sized enterprises.
They rarely need engineers.
Large companies are leaving.
A guy can get a degree in engineering and end up working abroad; there are no companies here to absorb that kind of labor.
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