Re:We have reached an agreement in principle for Sam to retu...
by eviks on Wednesday November 22, 2023 @04:36AM
(#38377057)
What I'd want to say about Larry is that he is definitely not going to care about the whole-society non-profit shtick of the company to any degree comparable with the previous board members, so he won't constraint Sam/MS in any way
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Re:We have reached an agreement in principle for Sam to retu...
by sanxiyn on Wednesday November 22, 2023 @05:29AM
(#38377433)
Why? As an economist, he perfectly understands what is a public good, why there is a market failure to underproduce a public good under free market, and role of nonprofit in public good production.
Re:We have reached an agreement in principle for Sam to retu...
by pevey on Wednesday November 22, 2023 @06:36AM
(#38377888)
Larry Summers has a track record of not believing in market failures, just market opportunities for private interests. Economists vary vastly in their belief systems, and economics is more politics than science, no matter how much math they try to use to distract from this.