Our readingWhat is a korrent?
Giving a profligate transit agency more political support makes it worse, because it confirms that spending more is what gets rewarded.
Drawn from what Alon Levy said
Subjectgovernment
What this subject means
government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.
Mental modelIncentives