The response is context dependent. If it is a non-response to you it is because you lack the expected knowledge. I was lazy as I'm gaining nothing from this. If you think his argument is better it's your right and fault.
I can't think of any case in history where a brain or capital drain would be a positive think. Historically the US benefited greatly from European drains. Such an absurd idea requires a fantastical level of evidence supporting it.
While I agree that capital starved countries would benefit from additional capital, it is a tautology, there's a reason why those countries are capital starved in the first place. Corruption, bad to make business, etc. Capital moves quickly when there are favorable conditions. Also any billionaire can live at country A, B and C while paying taxes at D and investing in E.
Also it's very simplistic and wrong to put all the blame of home shortages on billionaires. It's more complex than that. Demand is high but why supply is low?
I can't think of any case in history where a brain or capital drain would be a positive think. Historically the US benefited greatly from European drains. Such an absurd idea requires a fantastical level of evidence supporting it.
While I agree that capital starved countries would benefit from additional capital, it is a tautology, there's a reason why those countries are capital starved in the first place. Corruption, bad to make business, etc. Capital moves quickly when there are favorable conditions. Also any billionaire can live at country A, B and C while paying taxes at D and investing in E.
Also it's very simplistic and wrong to put all the blame of home shortages on billionaires. It's more complex than that. Demand is high but why supply is low?