State-backed application of behavioural economics [0] was the driver behind the RNG overhead, not efficiency: "Premium Bonds were introduced [...] to control in

State-backed application of behavioural economics [0] was the driver behind the RNG overhead, not efficiency: "Premium Bonds were introduced [...] to control inflation and encourage people to save" [1] [0] https://en.wikipedia.org/wiki/Prize-linked_savings_account#Economics_of_prize_linked_savings https://en.wikipedia.org/wiki/Prize-linked_savings_account#E... [1] https://en.wikipedia.org/wiki/Premium_Bond#History https://en.wikipedia.org/wiki/Premium_Bond#History