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Comment Re:Lack of understanding of capitalism (Score 1) 634

. Working to provide access to clean water leads to healthier people with a little more free time to think about starting a business or overthrowing a dictator.

I don't see any evidence that aid-based efforts have ever been effective at enhancing levels of economic freedom in developing countries.

The great successes of Asian Tigers, China, and Chile do not seem to line up with aid-based efforts. In fact these all depended on new dictators coming to power, with perfection only after a peaceful transition to democracy (China is still working on it).

Comment Lack of understanding of capitalism (Score 1) 634

I believe that this is a lack of understanding of the global benefits of free market capitalism among students.

While all of these "engineers without borders" and "development engineering" things are nice, they are pretty insignificant in terms of actually enhancing the wealth and well-being of poor people in developing countries versus good old capitalism - where those poor people have the opportunities to make things and perform services of value to other people.

Deng opening up China to the global market has brought hundreds of millions of Chinese out of absolute poverty (making under $1 per day) through market exchanges. China did not have large amounts of foreign aid. They just made it OK to carry on capitalist trade.

Instead of setting up Wi-Fi in a poor village, it would be far better to teach the local people about the importance of secure property rights, the needs to reduce regulation to reasonable levels for a poor country which both enhances commerce and reduces the level of corruption, the needs to allow for free trade for imports and exports. And hopefully they can change their democratic government to enhance economic freedom, and if their government is not democratic, other solutions may be required.

If you want to know why a country is still poor, go read its entry in the Index of Economic Freedom.

Comment Re:If it's up to the U.S. and their allies, never. (Score 1) 494

How does your "personal belief" explain the millionaire Osama bin Laden, the computer programmer "Jihadi John", the hijackers with Ph.D.s who flew jets into the World Trade Center, the millions upon millions of dollars funneled into building rockets and tunnels in Gaza, etc. ?

It is true that many terrorists are highly educated by the socialist college systems, but unable to be employed because of the lack of industry in the socialist Arab countries.

But you also allude to the large amount of government money spent on AQ/ISIS by Arab socialist governments and of course Hamas by Iran.

Comment Re:30% (Score 1) 329

ESPN averages 2.28 million million viewers in primetime, making it the #1 cable network.

ESPN coverage of the college football championship game was last year's most-watched cable telecast at 25.75 million viewers.

NFL Monday Night Football on ESPN averages 13.23 million viewers.

Comment Re:If it's up to the U.S. and their allies, never. (Score 1) 494

Well 18 people were killed (10 burned to death) during the 3-14 riots in Tibet.

My personal belief in the cause of middle east terrorism is the extreme lack of economic freedom. Those countries are all extremely socialist. This includes the lack of secure private property in the occupied Palestinian lands as well.

Comment Re:Smart vs. stupid (Score 1) 182

Stupid people tend to have a lot more kids than smart people. Citation: Idiocracy

Also smart people now tend to only meet other smart people on Match.com, etc. In 1960 25% of men with university degrees married women with degrees; in 2005, 48% did. As a result, the Gini rose from 0.34 in 1960 to 0.43 in 2005.

Assortative mating means we diverge into really smart and really dumb people.

Comment Re:Can people with H1B visas start companies? (Score 1) 442

My understanding of H1B visas is that they are sponsored and that if you leave the sponsored job, you have to go back to wherever you came from. That's what makes it so attractive for employers.

H-1B Visas are attractive for employers because they are the easiest way to bring in foreign workers, especially from China and India.

The Employment Based (EB) Visas are limited to 140,000 per year, but more importantly they are limited to 9,800 per country.

For example, the Visa Bulletin says that for China, they are now working on EB-2 & EB-3 Visa applications from 2011, and for India they are now working on EB-2 applications from 2007 and EB-3 applications from 2004. Hey, what's a 10 year wait?

In FY 2012, 136,890 H-1Bs were issued for initial employment and 125,679 were issued for continued employment.

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