Re:Incentives in economics are wrong, but how?
by scroot on Friday June 11, 2021 @06:04PM
(#27479059)
I think the point is that everyone should have such an opportunity without having to be independently wealthy in the first place.
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Re:Incentives in economics are wrong, but how?
by taneq on Friday June 11, 2021 @06:14PM
(#27479149)
I think we agree on the fact that it's nice to have nice things, and it'd be nice of the government paid for more nice things?
Re:Incentives in economics are wrong, but how?
by bngybmgrglflps on Friday June 11, 2021 @07:02PM
(#27479551)
A government can only acquire revenue by siphoning productivity ("nice things").
The organization and its agents bear no consequence for mistakes in the allocation. It has no means to compare value or incentive to do so. The system evolves according to the "iron law of bureaucracy" as a perfect rent-seeking apparatus.
It's nice to imagine everyone having enough, or maybe that everyone is "equal." But you can't save anyone from their choices.
That's not nice. It's prison.
If you know how to optimize human life for a given group of agreeable people, go for it. For the rest of us, no means no.