Governments often create incentives they hope will encourage people to act in ways believed to improve social well-being. Poorly structured incentives, however, can foster perverse outcomes, as illustrated in cases regarding pest control, tuberculosis prevention, homelessness, and the recovery of soldier remains in Southeast Asia.
Caleb S. Fuller is a Research Fellow at the Independent Institute, Associate Professor of Economics at Grove City College, and author of No Free Lunch: Six Economic Lies Youve Been Taught and Probably Believe.
Other Independent Review articles by David S. Lucas | |
Fall 2019 | The Homelessness Industry: A Critique of U.S. Social Policy |
Winter 2016/17 | Ending Homelessness: Why We Havent, How We Can |