--- Robin Hanson <[EMAIL PROTECTED]> wrote: "The corporate management would be given financial incentives to maximize the market value of these shares."
Why? Convince me that the greatest leaders in history were in it for financial gain. Sun Tsu, Scipio Africanus, Cincinatus to name a few ancients, on through to modern leaders like Roosevelt and Churchill don't seem to give me the impression of being motivated by financial concerns. Of course, democracy as we know it is fairly recent and there's no reason to assume that no other workable form exists. Heck, in Athens they used to draw lots for public office. However, not being a libertarian I will insist on the need to maintain a constitution which defines rights. But that's for a different line of discussion. I do have two problems with the suggestion: 1. The program will prevent poor from coming to the States. I think that's wrong, but I respect your view if you feel otherwise. 2. The incentive structure may give unhealthy goals too much weight. I can't think of anything specific, but it sounds like we could be setting ourselves up for a Ken Lay presidency. I'm not sure that would be a good idea. If you can think of any good ways to make protest #2 as scary as possible, feel free to do so. Best, jsh ===== "...for no one admits that he incurs an obligation to another merely because that other has done him no wrong." -Machiavelli, Discourses on Livy, Discourse 16. __________________________________________________ Do You Yahoo!? HotJobs - Search Thousands of New Jobs http://www.hotjobs.com
