New Graphic Depicts Gains and Losses of Millionaire Migration

Plus, subway immolation not fit to print

A newly released graphic depicts the flow of capital resulting from “millionaire migration,” the movement from “authoritarian regimes” to “havens of freedom.”

I can’t vouch for the details of the analysis either in terms of descriptions of particular regimes or dollar amounts, but the graphic is, in a general sense, pretty nifty, especially since the movement of talent and capital to places where they are well treated is a long-running theme here. (“The data support theoretical frameworks like Albert Hirschman’s idea of Exit, Voice, and Loyalty or, as Walter Wriston used to put it, capital goes where it is welcome and stays where it is well treated. The same is true of talent.”)

Also nifty is that the graphic, at Citizenx.com/exodus, is partly a marketing effort designed to attract attention to a platform that allows individuals to “diversify your passport portfolio” by claiming citizenship in various jurisdictions (not all of which are entirely “havens of freedom”).