korrents

A korrentour readingWhat is a korrent?

Time spent on bureaucratic paperwork is a real economic cost even though it doesn't appear in government budgets.

Drawn from what Byrne Hobart said

government
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.

What Byrne Hobart actually said

Word for word, with the source under each one. They did not write this page.

  1. Byrne Hobart

    Writes The Diff, a newsletter on inflections in finance…

    it is simply ridiculous that a ruinously expensive policy can be budget-neutral if the expense consists of wasted time rather than wasted money. But that's still a cost!

Added to korrents 19 Sept 2026 · How quotes work · Something wrong? Tell us

Do you hold this korrent?Do you also believe this?

Sign in to record that you hold this, with a confidence number of your own.

Related korrents

Our reading — they may agree, disagree or merely touch the same thing. Closest first: a shared subject counts for most, then how near the wording is.

On the map

Loading the map… or open it on its own page

Open the map on its own page →