Investment in a non-optimizing society
Sep. 21st, 2008 08:11 amFrom memory: I was talking with
womzilla about my notion that a non-optimizing society would work better than what we've got now, and he asked me how it would be possible to raise money.
I think that one's solvable: you'd have to say something like "we have good people and good products, and this new project will produce a solid rate of return" or "we have good people and a good history and this new project is risky but plausibly worth it" instead of saying "here'sa chance to rejoice in the defeat of your enemies the best thing ever".
I have a notion that a non-optimizing economy would have more emphasis on bonds and dividends rather than on stock trading, but that's just a guess.
I think that one's solvable: you'd have to say something like "we have good people and good products, and this new project will produce a solid rate of return" or "we have good people and a good history and this new project is risky but plausibly worth it" instead of saying "here's
I have a notion that a non-optimizing economy would have more emphasis on bonds and dividends rather than on stock trading, but that's just a guess.