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Tuesday, November 29, 2011

Better feedback mechanism, better incentives, not better people.



This is a strong argument against effective government, in general.

Often, I hear from my 'left-leaning' friends that government would work quite well if only there were better people running it. This is obviously true to a degree, but it misses the point: you don't want to have a system that in anyway depends on having the right person in charge. You want a system that provides the best incentives and feedback mechanisms.

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