Can confirm. That's why Russia is sliding down scientifically. People gravitate to where money and prestige is, and when you have money squirting from the ground, that demands (and receives) disproportionate attention. Another side effect of this is that it suffocates technology and innovation by both depriving it of investment, and by shaping the tax structure that excludes the possibility of survival for most non natural resource businesses unless they cheat on their taxes. It's a complex problem without a clear solution. Only Norway has been able to manage it well so far.
Can confirm. That's why Russia is sliding down scientifically. People gravitate to where money and prestige is, and when you have money squirting from the ground, that demands (and receives) disproportionate attention. Another side effect of this is that it suffocates technology and innovation by both depriving it of investment, and by shaping the tax structure that excludes the possibility of survival for most non natural resource businesses unless they cheat on their taxes. It's a complex problem without a clear solution. Only Norway has been able to manage it well so far.