Incompetence pays off well 1194

Interesting idea. I wonder how much success they would have in raising capital after the initial batch? Shouldn't be any different from an ESOP company raising additional capital. I didn't understand this the first time you said it, and asked about it then. Didn't see an answer, and still not clear what you are talking about here. Can you clarify?

True if a large company outsourced to a smaller company. Exactly the opposite result if a small to medium sized manufacturer outsources to a mega-manufacturer.

Only one: freedoms shouldn't be taken away unless there is a public good to be served that clearly outweighs the negative of reduced freedom. Or put another way, the burden is on anyone proposing regulation to prove the good it will provide. We may both agree that income distribution should be flattened. But if you propose to do it by limiting the ability for two parties to enter into a mutually agreeable arrangement, the burden is on you to prove that the advantages of preventing their free exchange far exceed the advantages of meeting the same goal through tax policy, disclosure rules, or other methods.

-- Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.