Perverse Incentives
The key to successful government policy is through perverse incentive mitigation, usually through the Law of Unintended Consequences.
The key to successful government policy is through perverse incentive mitigation, usually through the Law of Unintended Consequences.
We don’t live in a perfect world. This love of theory is why economics on an academic level is virtually useless.
Even though this answer is rather simple, the people in charge who could make a difference refuse to make the changes necessary and haven’t for decades.
The things people desire can generally be broken down into three categories: Money, power, and influence
I had difficulty sleeping last night. Chadwick Boseman was a legend who was taken way too young. He will be greatly missed.
I call the way I approach film as “The Meh Plateau.” Most movies do not suck, nor are most movies amazing.
Video games, much like action figures, are a fascinating example to look at for the application of economic concepts in the real world.
What is MovieBob Syndrome? It is a person who ascribes far more worth and influence to themselves than they actually have. This is narcissism on steroids.
Scarcity ties into a couple topics that few really understand. The biggest of these is the Accounting 101 concept of assets, liabilities, and equities.
The action figure market is one of the best case studies in the economic concept of value. Value is inherently an individual and subjective beast.
Credentialism is a game whose rules are arbitrary and subject to change at any time…And it just gets worse every generation.
The obvious problem is that putting children on an amphetamine with side effects that are hard to verbalize means effects that will be undiscovered.