Added 9Feb: Moldbug vid here; Marshall transcript here.
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"Half a million would pay for legal/admin. The other half would only cover a $1000 subsidy per firm, but CEOs trying to manipulate would add lots of liquidity."
Robin, you mention in the Mencius interview that 'if you had 1 million dollars you'd build a dump the CEO market for the fortune 500'. The technical part of this may not be that expensive. What is the bulk of that expense in your mind?
Nevermind I found it.
"Half a million would pay for legal/admin. The other half would only cover a $1000 subsidy per firm, but CEOs trying to manipulate would add lots of liquidity."
http://www.overcomingbias.c...
Robin, you mention in the Mencius interview that 'if you had 1 million dollars you'd build a dump the CEO market for the fortune 500'. The technical part of this may not be that expensive. What is the bulk of that expense in your mind?