Hi. I'm on vacation, and can't respond to this thread much now, but will when I get back in a week and a half. But for now let me confirm that we can think of this discussion in two steps. One, assuming that a CEO maximized share value of a nation, what would they do wrong or right. And two, what institutions could get them to maximize share value. The first question is interesting even if we don't know the answer to the second question.
Robin D. Hanson, Asst Prof Economics, hanson.gmu.edu MSN 1D3, George Mason Univ., Fairfax, VA 22030 > --- [EMAIL PROTECTED] wrote: > "I feel fairly confident in believing, however, that > he did not mean that the financial incentives would > produce CEOs with a militaristic or glory-seeking > bent." > > So do i.
