The ever interesting Allen Sanderson on how incentives might be put to better use in the public spehere:
if treasury Secretary Henry Paulson and Fed chairman Ben Bernanke were required to hold their entire wealth portfolios in the form of U.S. savings bonds, perhaps we’d see more balanced budgets and less inflation.
Read more ideas here. One of my favorites would be for candidates that push for higher taxes on the rich (or some other form of redistrubutive policy) to be mandated to specify what the optimal income distribition is, and for them to place themselves where they feel like they deserve to be in that distribution. And then justify why they put themselves where they are.
