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institutional design
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Daily Alchemy: a question to think on together
9d ago“When a big institution starts to feel like one person's brand, what do we actually lose and does it matter?”
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Hi everyone — I’m Tarnell Brown. Still figuring out how this site works, but I’m jumping right in. I’m an economist who studies how institutional and structural incentives can hide the real costs of discrimination, especially for people who are already starting from behind.... Can one institution serve people at very different stages?: Constitutional realists
If men were angels "If men were angels, no government would be necessary." Madison wrote that in 1788, and it is still the most useful sentence ever written about institutional design. He did not build the American system for developed, enlightened citizens.... Can one institution serve people at very different stages?: The Story
The average pilot In 1952, an Air Force researcher named Gilbert Daniels measured 4,063 pilots across ten physical dimensions and asked one question: how many were close to average on all ten? The answer was zero. Not a single pilot.... Is capitalism broken?: Ordoliberals
On June 20, 1948, Ludwig Erhard abolished price controls and introduced the Deutsche Mark in a single weekend. He did not consult the Allied authorities. The American military governor told him it was a terrible idea....