Tuesday, October 20, 2009

Short term thinking from Cato answer

I had asked how to get laisse faire policies to incorporate long term
thinking.

Boazs answer was that government is focused on the next election. And
that companies were looking at a longer time frame.

The problem that still exists is that the management team is paying
attention as long as they they will be around. That time frame can be
shorter than the time frame of an election.

All in all the answer was lacking.

Jean-Luc Park

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