Comments by "alex smith" (@alexsmith-ob3lu) on "The Tragic Reality of Brain Drain on Poor Countries | Economics Explained" video.

  1. Brain drain is a waste of talent. Canada has the most highly educated taxi drivers in the world, because Canada takes away what little medical professionals the third world countries have. Educational standards are also not the same. Likewise, a doctor from Egypt went through a sub-standard medical education and cannot be a doctor straight away in Germany, where medical standards are higher. All you’re doing is depriving other countries of their professionals and not giving locals the opportunity to pursue a career they desire in their homeland! Another good example of the failures of globalization is the USA. America did not build up its techno-industrial wealth from importing cheap stuff. The American Empire imposed high tariffs and high taxes to punish behaviour that did not serve the interests of the USA. This created local innovation and economic growth that drove the U.S into a powerful nation. The end of WW2 is where all the problems started for America and every other country.
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  2. Your argument makes no sense at all. A young professional can easily sponsor their entire family over to the new country without much trouble. Especially here in the USA, where it is easy to put your entire family on welfare. University education is also overrated these days. All these so called “highly educated people” are snobs who study the same concepts, same theory and same skill sets; which makes you no different from every other university graduate. The rate of innovations, research and development is rapidly slowing down because nobody has any sense of creativity.
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