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I’ve always found myself conflicted about things like this. It’s very common for industry leaders to be paid for their advice and appearances. It feels like th
by alphabettsy 6y ago
I’ve always found myself conflicted about things like this. It’s very common for industry leaders to be paid for their advice and appearances.
It feels like that might make them more likely to give favorable treatment to certain groups or organizations. It also seems like there might be high-ranking career treasury department staff that could very effectively fulfill the role.
At the same time it would seem that we’d want knowledgeable people, the kind of people who’s advice others would pay to receive, leading our institutions.
- pegeter 6y agoThey don't even have to be overtly corrupt to favor people who give them gifts. Reciprocity is such an inborn part of human nature that I'd believe they could have nothing but the best intentions and still become severely biased.
- michael_j_ward 6y agoCan you point me to examples of non regulator, non-government official, non-politician "industry leaders" making $300k a speech?
- alphabettsy 6y agoThe most well-known motivational speakers can make this much, like Tony Robbins or Magic Johnson. It will cost you a similar amount to get someone like Zuckerberg. You’re right that many high-profile political figures receive the same amount. That said, more people are interested in what Bill Clinton has to say than Hillary Schieve so it’s all relative.
- michael_j_ward 6y agoSo you're saying the demographics of people who can charge $300k 1) People who make more than $300k per hour on their existing wealth. 2) The most famous / successful motivational speaker in the world that his built that business over many decades. 3) Magic Johnson - who, i mean, is magic johnson so fair. 4) Politicians. Nothing to see here.