Bounties, Grants, and Market-Making Entrepreneurship
By David S. Lucas, Caleb S. Fuller
This article appeared in the Spring 2018 issue of The Independent Review.
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.
|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|