DiscoverCognitive EngineeringAre Governments Effective?
Are Governments Effective?

Are Governments Effective?

Update: 2021-03-17
Share

Description

The Covid pandemic has seen a sharp rise in government spending, and large scale testing and vaccination programmes. Some of these have been successful, while others less so. We look at whether, on balance, governments are an effective mechanism for achieving desirable outcomes.

In this podcast, we explore the rationale for having governments in the first place and consider what activities it is appropriate for them to carry out. We look at what happens when the government gets it wrong and also examine what various data sources say about the relative effectiveness of the private and public sectors.

A few things we mentioned in this podcast:

- Chicago School of Economics https://www.investopedia.com/terms/c/chicago_school.asp
- Milton Friedman – Four ways to spend money https://investorjunkie.com/economics/milton-friedman-ways-spend-money/
- Principle-Agent Problem https://www.investopedia.com/terms/p/principal-agent-problem.asp#:~:text=The%20principal%2Dagent%20problem%20is,roles%20of%20principal%20and%20agent.
- Ambrogio Lorenzetti's Good and Bad Government
https://www.visittuscany.com/en/attractions/siena-ambrogio-lorenzetti-good-and-bad-government/
- PSIRU report summarising some of the evidence https://www.epsu.org/sites/default/files/article/files/Public%20and%20Private%20Sector%20efficiency%20EN%20fin.pdf
- The effects of bad government https://www.washingtonpost.com/outlook/2020/06/01/effects-bad-government/
- What’s so bad about government anyway https://fee.org/articles/whats-so-bad-about-big-government-anyway/
- What is rent-seeking? https://corporatefinanceinstitute.com/resources/knowledge/economics/rent-seeking/#:~:text=Rent%2Dseeking%20is%20a%20concept,It.

For more information on Aleph Insights visit our website https://alephinsights.com or to get in touch about our podcast email podcast@alephinsights.com
Comments 
In Channel
The Lowest Form of Wit

The Lowest Form of Wit

2021-04-0736:31

Yes, Minister

Yes, Minister

2021-03-1038:02

Return To Monke

Return To Monke

2021-02-2431:51

Dead Art Forms

Dead Art Forms

2021-02-1730:32

Pride and Joy

Pride and Joy

2021-01-2733:49

Power Transitions

Power Transitions

2021-01-2025:29

Rivalry

Rivalry

2021-01-0630:27

Passwords and Pins

Passwords and Pins

2020-12-1627:05

Made by Hand

Made by Hand

2020-12-0927:07

US Election Forecasts

US Election Forecasts

2020-12-0233:14

Sorting Out Time

Sorting Out Time

2020-11-2529:57

loading
Download from Google Play
Download from App Store
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Are Governments Effective?

Are Governments Effective?

Aleph Insights