Monday, April 27, 2015

Hsieh Forbes Column: Perverse Incentives and VA Health Scandals

My latest Forbes column is now up: "Perverse Incentives and VA Health Scandals".

I discuss the perverse incentives underlying the numerous VA health scandal. Too many on the political Left (such as New York Times columnist Paul Krugman) are quick to condemn perverse incentives in the private health system, while failing to mention similar (or worse) perverse incentives in government-run health systems.

Incentives matter.