Monday, October 19, 2020

What's Good in America?

 From Cesar Hidalgo comes a twitter thread describing three things he finds good about America (although he's leaving for more academic opportunity in France).

A tweet:

My summary of the thread:

  • people value quality work (over cost)
  • people value entertainment, even in speaking to business audiences
  • our bureaucracy is simple!!! 
Let me expand on the last item, since it is so surprising.

He's talking specifically about the running of a small business, and comparing it to the notary-ridden bureaucracy in countries whose legal codes are based on Roman law, not common law. I think it might be related to the De Soto thesis, arguing the need for well-defined and documented property ownership.

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