Incentives matter
Sometimes, just below the surface lie some very powerful connections among seemingly unrelated problems. That’s true for the seemingly unrelated problems of rising crime, the year-long closure of public schools, acute employee shortages, and parents’ outrage at kids being taught critical race theory. Substantively, these issues are vastly different. Conceptually, they are united by the crucial importance of incentives. Bad incentives produce bad outcomes, and that’s exactly what is creating many of these problems.