TT 31: Perverse Incentives and Unintended Consequences

On today’s episode of the podcast we discuss how incentives created by institutions, organizations, major companies, etc. drive behavior. We dive into the Folly of Rewarding A, While Hoping for B and how many organizations with the right intentions end up creating incentives for the wrong behavior. In the end we discuss real life examples about how this phenomena has played out in the pandemic and how it is important to consider these things in all areas of our lives. Isaac and I would also like to take a moment to wish the members of the finest fighting force in the world a very happy birthday. Semper Fidelis Marines.

Patriot Picks

Tim Ferris Interviewing Eric Schmidt

Remember, Remember, the 5th of November.

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