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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 wi
by eviks 3y ago
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
- sanxiyn 3y agoWhy? 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.
- ZiiS 3y agoHis deregulation of the banks suggests he heavily flavors free markets even when history has proved him very very wrong.
- pevey 3y agoLarry 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.
- kmlevitt 3y agoI don't know if Adam D'Angelo would agree with you, because he had veto power over these selections and he wanted Larry Summers on the board himself.