EppsNet Archive: NGOs

Perverse Incentives

 

CORRUPTION: Ever wonder how politicians get so rich? They funnel billions into NGOs where their families work and who pay them to speak and to serve on boards. The $24 billion California spent on the homeless crisis went almost exclusively to NGOs who rely on a steady stream of… pic.twitter.com/48g8WkO9Y0 — @amuse (@amuse) September 22, 2024 This is common. People make money advocating for the solution to a social problem. They don’t solve the problem, they advocate for a solution to the problem. If the problem were solved, their money stream would dry up. Perverse incentives, as the poster says. Read more →