Comment by Ericson2314

Comment by Ericson2314 2 days ago

0 replies

Fun fact: If you read Ricardo you will find the modern form of "Comparative Advantage" isn't really there.

Taiwan doesn't have a "natural climate for chipmaking". In a modern industrial economy, endowments are not natural/fixed by the result of previous rounds of investment.

> what high tech sectors will the US necessarily be investing in less now that we are putting those valuable resources into chip-making?

There is no evidence it is actually zero-sum

> especially with current immigration restrictions on high tech workers.

Yes, more immigration would be greatly appreciated. Probably won't happen until we unfuck housing, however.