The guy with the competitive advantage is the one with the best technology.
Capital goes to where it can escape taxation and be used to pay employees in sacks of rice.
I walk into all these organizations, and I'm always puzzled when I realize that people still want to be there. Most people really want to love their organizations. We need that level of commitment ... Yet organizations have done very little to deserve that kind of staying-power.
Every line in the government's budget has its own constituency.
A country does not go bankrupt.
Human capital will go where it is wanted, and it will stay where it is well treated. It cannot be driven; it can only be attracted.