Tuesday, March 4, 2008

An interesting idea from Col. Qaddafi

From the Economist:
... from now on oil revenue would be paid directly to every Libyan family every month. They would then decide on their spending priorities, individually or in the form of ad hoc committees interested in investing in a new agricultural or industrial project, or in education, health or housing. These committees would also decide how much tax to pay to the remaining centralised institutions.

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