korrents

Our 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

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.

What Byrne Hobart actually said

  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!

    Where this was said

    ↗Longreads + Open Threadthediff.co

    19 Sept 2026

    All 3 korrents from this piecethis one is 1st

Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us

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