Interesting idea

I wonder how well it would work.

Pay Pal founder and early Facebook investor Peter Thiel has given $1.25 million to an initiative to create floating libertarian countries in international waters, according to a profile of the billionaire in Details magazine. Thiel has been a big backer of the Seasteading Institute, which seeks to build sovereign nations on oil rig-like platforms to occupy waters beyond the reach of law-of-the-sea treaties.

I would certainly be interested in finding out.

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[Source: Yahoo! News blog “The Lookout”, retrieved 8/16/11]

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