Jenny Chase: Some bad things about Switzerland: low tax rates and high salaries act as a brain drain on surrounding countries (hi). This is how a poor country has become a very rich one in less than a hundred years.
Rob Henderson: I like to imagine the Bizarro universe of opposites when I see tweets like this. “Some good things about Switzerland: high tax rates and low salaries motivate skilled citizens to flee (hi). This is how a rich country has become a very poor one in less than a hundred years.”
These could both be bad if viewed as zero-sum disruptions (with negative second-order effects).
These could both be bad if viewed as zero-sum disruptions (with negative second-order effects).