Monday, June 23, 2008

Government Prizes as Incentives

John McCain's $300 million challenge is a smart move. McCain "proposed a $300 million government prize to whoever can develop an automobile battery that far surpasses existing technology. The bounty would equate to $1 for every man, woman and child in the country, 'a small price to pay for helping to break the back of our oil dependency.'"

But you have to admit: this would be even more fun, wouldn't it?