3 ms·
I see this issue in so many areas. Government orgs and companies have different organizational incentives and tradeoffs. When we substitute a government functio
by citizen_friend 4y ago
I see this issue in so many areas. Government orgs and companies have different organizational incentives and tradeoffs. When we substitute a government function with a wallet for contractors, we lose those tradeoff. But it's even worse because now the company has moral hazard.