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Monday, December 29, 2014

Willed

Do something useful with that money:

Google CEO Larry Page has an unusual idea about what should happen to his billions should he die. Instead of giving it to a philanthropic organization, he'd rather hand over his cash to Elon Musk, the founder of Tesla, SpaceX, and Solar City.

In a conversation with Charlie Rose at a TED conference on Wednesday, Page said he wanted his money going to capitalists like Musk—those with big ideas for changing the world


I agree with him entirely. If you've ever been inside any large charitable organizations -- e.g., Red Cross, March of Dimes, United Way, et al -- you know that they are nothing more than self-sustaining bureaucracies staffed by credulous dupes and run by greedy corporatists. Pournelle's Iron Law of Bureaucracy operates at triple efficiency in such places.

There is, however, a more important point Mr Page is trying to make, one that all of the hair-pulling hippies are of course missing entirely: it's HIS MONEY. He can do what he damned well pleases with it. Unfortunately, decades of neo-Marxist indoctrination in what's left of our university system has produced an entire generation which is utterly incapable of understanding private property rights and how they are tied to prosperity.

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