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One might also say that that it should be one of the principal instruments of any government to ensure the future of society, not just a reaction to catastrophe.

In a system with a policy range of only a year ahead or so - or up to the next election, a national investment bank should be one of the ways to think long-term about the future. Education is another.

A national investment bank should not be politically directed, though oversight is needed. All the functions and processes of the bank should be transparent. The bank is owned 100% by the people. The policy and project leadership should contain academics from different disciplines, business figures, finance professionals, as well as respected citizens in the arts, for instance.  They would not be political appointments, though I don't know how that could work.

You can't be me, I'm taken

by Sven Triloqvist on Sat Sep 27th, 2008 at 04:11:49 PM EST
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