Skeptics of universities say: "But most of the people who graduate end up leaving."
1/OK, I should really write another thread about university-centric regional development, because I think people often make some (very understandable) mistakes when thinking about this issue.
Skeptics of universities say: "But most of the people who graduate end up leaving."
Educating local kids is good for the nation, but doesn't help a region much.
The way a university helps a region is through RESEARCH.
https://t.co/zud8wNQDTh
But university RESEARCH pulls in OTHER smart people from other regions, and they stay there.
Here's a paper showing that this is the main way universities increase a region's human capital: https://t.co/ofu256tsFi
Companies want to partner with university labs, so they can commercialize the technologies the labs produce. So they invest in the labs, and sometimes they even put their offices in the town.
https://t.co/NiVzQVgn5I
Answer: A little bit. But mainly because this means less tuition money that can be used to fund university research labs.
BUT, the most important thing is to fund research more!!
Critics of university-centric development like to point out that the probability of succeeding at this is very low.
But this doesn't really matter.
My hometown of College Station is no Silicon Valley. But College Station, and its surrounding region, are thriving thanks to a university.
https://t.co/2GduLv9SL5
Beyond the research-and-investment thing I discussed earlier, universities also draw in residents from small towns, creating pleasant small cities.
https://t.co/2xqpKdMZUs
https://t.co/hYSbEKxeV8
In fact, this is unlikely to be a useful approach. https://t.co/uxUcLHzmON
What we have to do is UPGRADE the RESEARCH CAPABILITIES of the second- and third-tier universities.
1. By spending more research dollars there
2. By encouraging companies to partner with the labs there
3. By letting these universities admit more high-paying foreign students
4. A new land grant program?
More from Noah Smith
It looks like decolonization just took a few decades to start
Basic econ theory says poor countries should grow faster than rich ones.
But for much of the Industrial Revolution, the opposite happened.
https://t.co/JjjVtWzz5c
Why? Probably because the first countries to discover industrial technologies used them to conquer the others!
But then colonial empires went away. And yet still, for the next 30 years or so, poor countries fell further behind rich ones.
https://t.co/hilDvv0IQV
Why??
Possible reasons:
1. Bad institutions (dictators, communism, autarkic trade regimes)
2. Civil wars
3. Lack of education
But then, starting in the 80s (for China) and the 90s (for India and Indonesia), some of the biggest poor countries got their acts together and started to catch up!
Global inequality began to fall.
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— Dr. Thomas Binder, MD (@Thomas_Binder) October 22, 2020
...indication, first of all that testing for a (single) respiratory virus is done outside of surveillance systems or need for specific therapy, but even so the lack of consideration of Ct, symptoms and clinical findings when interpreting its result. https://t.co/gHH6kwRdZG
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— Dr. Thomas Binder, MD (@Thomas_Binder) December 16, 2020
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