On Thu, 26 Mar 2009, Mike Palij went:
Doesn't that depend on how one defines "anyone's contribution to anything"? If one can come up with sophisticated mathematical tools that allows one to come up with financial derivatives or instruments that can earn billions of dollars, what should that person's financial compensation be? (For derivatives see: http://en.wikipedia.org/wiki/Financial_derivatives )
OK; it says: "Derivatives massively leverage the debt in an economy, making it ever more difficult for the underlying real economy to service its debt obligations and curtailing real economic activity...." So I would pay that person his or her weight in festively colored Monopoly money. --David Epstein [email protected] --- To make changes to your subscription contact: Bill Southerly ([email protected])
