Comments for Jagdish Bhagwati

Comment on The Brain-Drain Panic Returns by Jackie

Jackie — Thu, 09 Feb 2012 14:06:58 +0000

I really like ideas 1 and 3. “Nurturing of loyalty of professionals settling abroad” is a smart idea and would be a sound investment. I absolutely love the Grey Peace Corps idea! How innovative! Also, our aging population is so active and still so mentally engaged and has a vast array of talent and experiences to share — this would be excellent. Older people today are “younger” than ever and healthier than ever and I can really see the benefits in this.

At the onset, I do not like idea 2. How would this work? Would the expat pay taxes in the home country AND abroad?

On idea 4: just Africans?

And in general, doe this policy ideas apply to US or people from non US countries? I ask because it would seem the opportunity to work abroad would help offset the US unemployment rate and give skills to other countries where the skills of US workers (not just academics, medical professionals, and business people) would be valuable.

Comment on India or China? by Ilham

Ilham — Thu, 09 Feb 2012 10:21:27 +0000

I can’t say I’ve ever had one. Strawberries and bannaas are enough for me. But if India wants our wheat for some mangoes, more power! Are there any domestic mango growers?

Comment on Shame on you, Mr Obama, for pandering on trade by Jackie

Jackie — Thu, 09 Feb 2012 01:32:04 +0000

Good points; well, 4 really good points. Glad to hear you note the “fallacy” of manufactures declining and the associated conceptual flaws that have “nothing to do with outsourcing.” Yes, yes, your second point… good food for thought… I’ll be reading… thanks

Comment on The Brain-Drain Panic Returns by P. Antony

P. Antony — Sat, 04 Feb 2012 13:49:43 +0000

Due to corrections in my calculations, please disregard my previous comment. My intended comment reads as follows:

You are missing the point. For example, Canada receives about 270.000 immigrants annually. In Canada, the education of a child from grades 1-12, costs about CAN $ 6.000 annually. Since practically everyone arriving to Canada has at least grade 12 education (the majority – over 65% – of the immigrants has college or university education), it means that Canada receives a minimum annual donation of roughly CAN $ 19,440,000,000.00 from mostly developing countries. I said minimum this much, because this does not include many other costs that a society invests into a child from taxpayers’ money (higher education, healthcare, etc).

Comment on The Brain-Drain Panic Returns by P. Antony

P. Antony — Fri, 03 Feb 2012 21:26:23 +0000

You are missing the point. For example, Canada receives about 270.000 immigrants annually. The education alone, of a person from grades 1-12, costs about CAN $ 6.000 annually. Since practically everyone arriving to Canada has at least grade 12 education (the majority – over 65% – of the immigrants have college or university education), it means that Canada receives a minimum annual donation, by mostly developing countries, of roughly CAN $ 1.620.000.000. Of course, this not only does not include the costs of higher education, but many other costs (healthcare, etc.) that a society invests into a child from taxpayers money.

Comment on America’s Threat to Trans-Pacific Trade by jbay

jbay — Fri, 06 Jan 2012 20:53:35 +0000

Ohh Ed,

Don’t act like we weren’t swindling Peruvian’s out of farm land in the 80′s, dropping locus on Columbians in the 90′s and “exchanging” protection for oil in the 2000′s.

We have a long history of “Free Trade”. Here… you give me everything you have and we’ll call it even ;^D.

Comment on America’s Threat to Trans-Pacific Trade by thubar2000

thubar2000 — Fri, 06 Jan 2012 17:11:50 +0000

It would strengthen the argument if there were more specifics regarding the non-trade provisions are include in & which domestic lobbies might be involved and stand to benefit from the TPP.

Comment on America’s Threat to Trans-Pacific Trade by Brendan Doran

Brendan Doran — Thu, 05 Jan 2012 11:54:27 +0000

One would hope we drive a hard bargain for committing to potential war with China, indeed we should be driving hard bargain’s anyway. Free Trade or Capitalism are economic policies, they make poor religion.

Comment on America’s Threat to Trans-Pacific Trade by Today’s Rebellion News – January 5th 2012 | Rebellion News

Today’s Rebellion News – January 5th 2012 | Rebellion News — Thu, 05 Jan 2012 03:53:55 +0000

[...] America’s Threat to Trans-Pacific Trade [...]

Comment on America’s Threat to Trans-Pacific Trade by Kenny

Kenny — Thu, 05 Jan 2012 00:40:31 +0000

“The TPP is also a political response to China’s new aggressiveness, built therefore in a spirit of confrontation and containment, not of cooperation.”

Well, the fact is that China needs to be both confronted and confined.