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A comment on How Paul Graham Gets It Wrong in “Economic Inequality”. Parent comment

Re:How Paul Graham Gets It Wrong in “Economic Inequality” by ZenoArrow on Sunday January 03, 2016 @04:08PM (#10832398)
If old companies move, new companies would spring up to take their place. The reason this would happen is because the demand is still there. People don't stop buying clothes just because a clothes shop stops trading in their country.
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Re:How Paul Graham Gets It Wrong in “Economic Inequality” by douche on Sunday January 03, 2016 @04:16PM (#10832436)
They do if the industry leaves, and the wealth creation that that industry provided dries up.

Look at the Rust Belt.

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Re:How Paul Graham Gets It Wrong in “Economic Inequality” by ZenoArrow on Sunday January 03, 2016 @04:22PM (#10832476)
> "Look at the Rust Belt."

http://www.thedailybeast.com/articles/2014/12/07/the-rustbel...

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Re:How Paul Graham Gets It Wrong in “Economic Inequality” by innocentoldguy on Monday January 04, 2016 @11:41AM (#10836550)
Why would they? If you knew that the potential rewards for a given business risk would be stolen from you via the government, why would you bother taking the risk in the first place?
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Re:How Paul Graham Gets It Wrong in “Economic Inequality” by dinkumthinkum on Sunday January 03, 2016 @09:20PM (#10833683)
The people in the Cayman's will successfully fulfill that demand, I don't really understand that point.
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Re:How Paul Graham Gets It Wrong in “Economic Inequality” by ZenoArrow on Monday January 04, 2016 @02:28AM (#10834422)
Explain how.
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Re:How Paul Graham Gets It Wrong in “Economic Inequality” by innocentoldguy on Monday January 04, 2016 @11:50AM (#10836618)
Take a basic economics course.
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