The Problem of Diffuse Costs and Concentrated Benefits

The Problem of Diffuse Costs and Concentrated Benefits

Do you ever find yourself observing a seemingly illogical government program, spending decision, or other strange practice and ask “how is it that no one has fixed that?” If you are like me, you encounter this phenomenon regularly. This often takes the form of a...
The Problem of Diffuse Costs and Concentrated Benefits

Spending It Like They Stole It

When does government have the right to spend taxpayer money? Or perhaps, more pressingly, when should the government be forbidden from spending taxpayer money?   1889 Institute has previously written on the issue – developing five questions that should be asked...
The Problem of Diffuse Costs and Concentrated Benefits

School Teachers Begging for Basics

What if a hospital’s administrators regularly told surgeons to make do without bandages, with dull scalpels, and little to no anesthetic while claiming tight finances? With all the money hospitals have, there would be questions about the administrators’ competence and...