A LOT of talk on the value of changing incentives vs. “changing minds,” with no mention of the primary method of changing incentives, that being changing minds. Is the assumption here that there is some form of “incentive machine” and all we need to do is turn a dial somewhere? Or is this really a plea to upper tier oligarchs everywhere to flip their incentive structure because it’s “the right thing to do?”

Since learning about public choice economics, I have been constantly shocked by how little it has been internalized by economists. For example, the phenomenon of Donald Boudreaux, Director of the Center for Public Choice, spending his time on the activism strategy of writing letters to the editor when I would describe Public Choice as “the study of how writing letters to the editor doesn’t accomplish anything.” Imagine the Director of the Center … Read More

via Let A Thousand Nations Bloom