I make no value judgment on this policy, I’m just pointing out that systems have a natural outcome based on the incentive structure. Or, as Charlie Munger put i

I make no value judgment on this policy, I’m just pointing out that systems have a natural outcome based on the incentive structure. Or, as Charlie Munger put it much more eloquently: “Show me the incentives and I will show you the outcome.” I wish more people, including voters but especially lawmakers, would use this analysis technique more often as it would lead to laws that actually accomplish what they claim.