Our readingWhat is a korrent?
Regulatory delays are driven more by the incentives built into the bureaucracy administering the rules than by the substance of the rules themselves.
Drawn from what Jennifer Pahlka said
What these subjects mean
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.
permitting The review a project must pass before it can be built, and the argument that it now blocks more than it protects.
Mental modelIncentives