Monday, June 27, 2011

Greg Mankiw's Blog

Greg Mankiw's Blog: "As any university fund-raiser can tell you, a 'naming opportunity' is a valuable resource. People are willing to pay big bucks to have buildings and other things named after them. In light of this fact, isn't it fair to say that Senator Reid received some nonpecuniary compensation from this recipient of government funding? Why should this transaction be legal when more explicit pecuniary kick-backs are not?"

2 comments:

Brett said...

There's a Harry Reid building at UNR as well.

Ryan said...

I have a hard time distinguishing between Harry Reid getting his name on a buildings and what Rod Blagojevich requesting campaign contributions for political favors.