Incentives
Cities and States Spend a Ton to Woo Big Companies. Is It Money Well Spent?
A new report says local governments doled out $9.3 billion to tech companies in recent years. These handouts may not produce jobs, but they play well with voters.
If We Want Better Teachers, We Need Better Incentives
Teachers receive salary and pension benefits later in their careers, which works to the advantage of many, including the unions that lead them, but this rewards structure could be keeping lots of talented individuals out of the classrooms.
Tournament Theory and Dog Racing
Although it may be hard to discern at the CEO level, higher pay equals higher performance. Two academics went to the track to suss out why.