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Adding to my old post, I suspect that those broken incentives were the result of mixing "how" and "how much" in political decisionmaking. That's a process probl
by usrusr 2y ago
Adding to my old post, I suspect that those broken incentives were the result of mixing "how" and "how much" in political decisionmaking. That's a process problem I see repeated over and over again: the "how much" is not isolated from the "how" and then you get compromises that are too generous in some parts and too frugal in other parts. It's as if compromises in salary negotiation went "yeah, we could agree on 10% more each month, if in turn we skip payment in December".
I believe that politics could get much better results if compromises about the particularities of distribution were always discussed with an open scale factor shared across the entire range of a particular kind of spending (e.g. renewables subsidy), and then the scale factor was decided upon in a separate discussion/compromise.