[lbo-talk] Krugman

[bhandari at berkeley.edu]

Michael P writes
"The best investment (with enough $) is in a powerful politician to get
you earmarks
or contracts.  Very high rate of return."

Yes, Richard Freeman mused here at Berkeley that corporations under-invest
in politicians given the great returns! Why there isn't more money in
politics puzzles him. I actually thought he was pretty funny. To state the
obvious, politicians may even be willing to go so far to get those
contracts for their friends in faraway places. You gotta go the extra mile
for 'friends' after all.

RB