I received the following email in regards to the ongoing work of a semi-well known libertarian author. This is not a scam, it comes from a known (libertarian/objectivist) source. (I've redacted the author's name)
I like the author's previous work, and I would like to see this project come to fruition, but I find the underlying premise of the letter offensive. What kind of objectivist begs for donations to complete a commercial venture? I can almost see asking for donations for political work when the value received can be neither quantified nor guaranteed, but for writing a book expected to be a "big seller"?
I sent the following response, in all seriousness.
Does anybody have advice on investing in this kind of market? Risks, typical royalties, expected returns etc? (Let me know what such advice will cost me)
I am sending this e-mail to you because I think you may be interested in assisting ******** complete his major work on freedom. I have been aware for some time that **** is currently in the midst of
his most ambitious book. It is intended to be a major work on freedom. I expect it will be a big seller. However, **** called me today and informed me he is having financial difficulties because the book is taking longer than expected. I proposed to him that he allow me to solicit contributions in the amount of $500.00 from selected people. In exchange for the contribution, **** will mention your name in the book's acknowledgements section as well as send you an autographed copy expressing
his personal thanks. I have pledged the first $500. This is a time sensitive issue. If you are so inclined, please mail to me a check ...
I like the author's previous work, and I would like to see this project come to fruition, but I find the underlying premise of the letter offensive. What kind of objectivist begs for donations to complete a commercial venture? I can almost see asking for donations for political work when the value received can be neither quantified nor guaranteed, but for writing a book expected to be a "big seller"?
I sent the following response, in all seriousness.
Based on his reputation from ****, I'll send him $500, for a cut of the proceeds, in writing, and an autographed copy upon publication. Royalty percentage can be negotiated based on projected sales and risk. Please contact me about providing sample chapters, a complete outline, and a detailed verifiable record of progress to date, along with publication timeline, sales projections and copy of letter of intent (or equivalent) from a publisher.
Or does Mr. *****'s notion of freedom not include capitalism? If not, I probably wouldn't even buy a copy let alone invest.
Does anybody have advice on investing in this kind of market? Risks, typical royalties, expected returns etc? (Let me know what such advice will cost me)

