tag:blogger.com,1999:blog-7464708.post2189386235184382523..comments2024-03-22T06:05:36.544-04:00Comments on Kids Prefer Cheese: Why not a golden parachute for the Mugabes of the world?Mungowitzhttp://www.blogger.com/profile/02340064320347875601noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-7464708.post-74966299507016386262008-04-03T18:28:00.000-04:002008-04-03T18:28:00.000-04:00I do think it's a combination of moral hazard (on ...I do think it's a combination of moral hazard (on the why it's not offered side) and the World Criminal Court (on the why it wouldn't be accepted anyway side); the Pinochet and Milosevic examples would definitely make the Mugabes, Castros, and Husseins of the world think twice. (Had Marcos not quickly kicked the bucket in exile, he'd have probably found himself on trial somewhere too.) That said I'm surprised the French didn't at least offer to buy Hussein out just to avoid their losing face (e.g. getting publicly steamrolled by the US and UK, who probably would have accepted a Saddam+Uday+Qusay -> Corsica/Brunei deal).<BR/><BR/>But that doesn't apply to everyone; I doubt there's price that would get Kim Il-Song out of North Korea; the Kims aren't on a power trip, they're on a human degradation and suffering trip.Chris Lawrencehttps://www.blogger.com/profile/09883587751218471785noreply@blogger.comtag:blogger.com,1999:blog-7464708.post-70988016710087397522008-04-03T10:17:00.000-04:002008-04-03T10:17:00.000-04:00His leaving is worth $50M?!? I'll shoot him for h...His leaving is worth $50M?!? <BR/><BR/>I'll shoot him for half of that. Success or it won't cost a dime.Tomhttps://www.blogger.com/profile/08574355302581451838noreply@blogger.comtag:blogger.com,1999:blog-7464708.post-60153738572320513372008-04-02T19:44:00.000-04:002008-04-02T19:44:00.000-04:00why not? it might create a time consistency probl...why not? it might create a time consistency problemAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7464708.post-91887428569295242012008-04-02T15:08:00.000-04:002008-04-02T15:08:00.000-04:00...what is it with econ blogs and anonymous poster......what is it with econ blogs and anonymous posters? Is it just because there's 'older' people interested in economics, and so less likely to have blogs of their own?<BR/><BR/>Or is it a professional liability to be seen posting on KPC/MR? <BR/><BR/><BR/>I jest, of course...Shawnhttps://www.blogger.com/profile/05093170309806260127noreply@blogger.comtag:blogger.com,1999:blog-7464708.post-54948943436256306132008-04-02T14:36:00.000-04:002008-04-02T14:36:00.000-04:00to anon 1:20I was basing the west's willingness on...to anon 1:20<BR/><BR/>I was basing the west's willingness on the fact that they'd put a ton of money into Zimbabwe for development purposes and was suggestings / wondering if that money wouldn't have been better spent "buying out" Mugabe.Angushttps://www.blogger.com/profile/03656436431053306500noreply@blogger.comtag:blogger.com,1999:blog-7464708.post-56464543154033970972008-04-02T13:20:00.000-04:002008-04-02T13:20:00.000-04:00I bet we could have bought ourselves a new governm...I bet we could have bought ourselves a new government in Iraq for less than $3 trillion.<BR/><BR/>Not sure why you believe the US (or any foreign government) values Mugabe's leaving Zimbabwe at $500 million (or even $1 million). In the case of Mobutu, we attached negative value to his leaving (at least until 1990) and thus quite willingly subsidized his presence in Zaire. <BR/><BR/>Seems that the only actors who do value the departure of autocrats are the citizens, and they lack the ability to buy them out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7464708.post-29340357562244782072008-04-02T13:03:00.000-04:002008-04-02T13:03:00.000-04:00I'd prefer that he didn't come to Canada. I still ...I'd prefer that he didn't come to Canada. I still have to live here.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7464708.post-67798563018538959342008-04-02T12:15:00.000-04:002008-04-02T12:15:00.000-04:00What about ensuing moral hazard? Having a credible...What about ensuing moral hazard? Having a credible buy-out program for dictators might just encourage powerful players to go down the autocratic route in the first place.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7464708.post-54088725208650832062008-04-02T11:25:00.000-04:002008-04-02T11:25:00.000-04:00Commitment problems. How can he be sure that once ...Commitment problems. How can he be sure that once he's out of the country, he won't fall down the stairs or his plane won't land at the Hague?<BR/><BR/>It should be fun to look at dictators that actually retired (Pinochet?) and see under what circumstances retirement is a viable strategy.<BR/><BR/>And then there's this point... Many of these people are not motivated by money. History is filled with politicians that would be willing to sleep on wooden boards, endure whatever hardships and care only about pure power.<BR/><BR/>The feeling of control and paranoia are as good of a way to get high as any.<BR/><BR/>Lastly, the Western governments might not have any interest in such schemes, quite the contrary at times. Befriending dictators is easier, I suppose, than charming public opinion.Gabriel Mhttps://www.blogger.com/profile/18020403326536585795noreply@blogger.com