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Lumifer comments on Crazy Ideas Thread - October 2015 - Less Wrong
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If genetic engineering proves effective and expensive parents should have the right to sign a contract binding on their future genetically engineered child which transfers a percentage of this child's future earnings to the company that financed the child's genetic engineering. Besides benefiting society by promoting genetic engineering, such contracts could be freely traded and would have a market price that would provide a powerful signal about the value of different types of genetic engineering.
I am not terribly comfortable with the idea of people being bound by contracts they didn't sign.
I am bound by many contracts signed by Congress and they didn't even have well-aligned incentives.
The general hypothetically good idea of a government is to have one group that can do duch things for the common good and to avoid coordination problems. It often doesnt exactly fulfill that role, but that is an endightment of their behavior rather than license for other groups to behave the same.
Agreed. But I'm even less comfortable with poor parents not being able to buy genetic enhancements for their future children that would more than pay for themselves.
Not unusual in asian countries. Housing often involves cross-generation contracts. But yes, I'm also uncomfortable with that.
Huh? If you mean something like inheriting a house with a mortgage on it, that's quite different. You can refuse inheritance.