Personal Finance And Investing

Posts Tagged ‘perverse incentive’

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16 November 2009

Why a Clawback Might Be In Order

While a clawback may seem unwieldy, it may be time to reduce moral hazard by taking a way some elements of the financial industries “free ride.”

It may be unappealing to try to mete out financial justice, but it is even more unappealing to continue with the status quo. Is a clawback the right tool to give some negative feedback to the banking industry about their outcomes?

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19 July 2009

Why Everyone’s Wrong About Fixing Health Care

The healthcare debate has gone into the weeds and sanity doesn’t seem to be anywhere in sight. As usual, pontificating and diversion are the order of the day, with rational discourse long ago left behind.

When a system is as broken as the American healthcare system, it can’t be easy to fix and more government isn’t always the answer. At the same time, continuing with the status quo is a recipe for disaster. Where is the middle ground?

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