Message Number: 720
From: Kevin Lochner <klochner Æ eecs.umich.edu>
Date: Wed, 29 Aug 2007 14:05:45 -0400 (EDT)
Subject: Re: mind the gap
On Wed, 29 Aug 2007, Dave Morris wrote:

> How about establishing the environmental protection agency?

  - not obviously true, but the EPA was started to compensate for the known 
missing market in pollution externalities.  The emission markets, imo, are 
a better way of handling this.

> All the national museums in downtown DC?

  - again, not obviously true and could be privately funded if true

> Abolishing slavery?

  - controversially, i'd say this also is not obviously true

> The CEO who got rich destroying the non-profit research company was a snake 
> oil salesman at every step of the way. He preached benefit and utility and in

> the end delivered the hollow shell of what used to be an effective company. 
> The stock values of the companies involved provided additional indirection 
> and possibilities of get rich quick schemes which facilitated the process 
> more than a direct sale could have. He created the illusion of value, while 
> decreasing that value in the process, got rich while the illusion lasted, and

> now is in California on the beach and people here are looking for new jobs. 
> Same thing. Unethical, but legal. Encouraged supported and enabled by the way

> the stock market works.

OK, wtf is the name of the company so we can all judge for ourselves based 
on the public record?