Prologue : into the wild -- Introduction : impermanence -- People matter -- The circle of life -- Good billionaires, bad billionaires -- Perils of the state -- The geographic sweet spot -- Factories first -- The price of onions -- Cheap is good -- The kiss of debt -- The hype watch -- The good,...

The main interest of this paper is to compare the value of education systems of different countries. For this reason I use data on workers who have completed their education before immigrating to Switzerland to estimate a country specific return to education. I estimate the standard...