"Unless Filipinos are daft, which I don’t think we are, except in the eyes of politicians and media, I trust that the law of economics would prompt “brain drain” to result to a net positive benefit for the Philippine society, because it is a purposeful choice made by millions of individuals (our countrymen) in response to the current environment.
If we truly want to reverse “brain drain”, then we need to build capital.
And how do we that?
By sloughing off protectionism, cronyism, paternalism and embracing competition, free trade and economic freedom."Read more in the Prudent Investor Newsletters