Monday, June 22, 2009
October 26, 2006 (2): The Best Government Money can Buy?
Reuters just announced that Mohammed (Mo) Ibrahim will use his self-made millions to back an annual $5 million prize to be awarded to former African leaders "who had demonstrated excellence in government." Given the problem that Ibrahim is trying to solve, he should definitely be lauded for coming up with a new strategy. However, it revives an old joke that was very popular when I was a kid: Do we have to pay governments to be good, or should governments be good for nothing?