perverse incentives

Wendover Productions examines why carbon offsets so often fail to reduce emissions, covering specific examples and the perverse incentives in offset schemes.

Turing Award winner Michael Stonebraker gives the 2018 Donald B. Gillies Memorial Lecture at Illinois. He discusses the gap between academic research and industry problems, publishing incentives, and the influence of large industry users on research.

Dan Pink's TED talk argues that traditional carrot-and-stick rewards often fail for creative work, drawing on the candle problem and social science research. He points to autonomy, mastery and purpose as better motivators.

Sabine Hossenfelder reads a confidential email and uses it to explain her worries about academia and incentives in theoretical physics research. She ties it to her earlier Nature Physics comment on research quality.

Together Louisiana asks why Louisiana stays poor despite its natural resources and industry, focusing on industrial tax exemptions and corporate welfare.

An 11-minute clip of Milton Friedman explaining the incentives of unions and how they affect employment. He argues unions restrict labor supply, raising pay for some workers while hurting low-skill workers.

A recording of Charlie Munger's 1995 Harvard speech on the psychology of human misjudgment. He walks through a list of cognitive biases such as incentives, social proof, and overoptimism.

A short excerpt of Noam Chomsky telling a BBC journalist that he does not accuse him of self-censorship. He argues that people who believed differently would not have been hired into that position.

A two-minute scene from The Wire in which Baltimore police brass pressure subordinates to fix the crime statistics. It dramatizes how metrics and incentives distort policing.

An RSA Animate whiteboard adaptation of Dan Pink's talk on what motivates people at work. It argues that beyond simple tasks, autonomy, mastery and purpose drive performance more than money.

A Last Week Tonight segment explaining carbon offsets, what they claim to do, and how they may worsen climate change. It looks at perverse incentives and questionable projects.

Sabine Hossenfelder explains why she left academia, criticizing its incentives, funding and career structure. She gives a personal account of the social problems in science.

A TED talk by entrepreneur Nick Hanauer arguing that decades of 'greed is good' economic theory drove inequality and instability. He proposes an economics built on reciprocity and cooperation.

A two-minute clip from the film Margin Call in which Will Emerson talks about how banks and traders operate and why they stay necessary. The uploader posted it because they agree with the speech.

A short clip from The Wire in which police officers manipulate crime statistics to make the numbers look better. It dramatizes how metrics get gamed.

CGP Grey's animated adaptation of The Dictator's Handbook, explaining how rulers stay in power by keeping a small group of key supporters happy rather than ruling fairly. It lays out selectorate theory and how resources shape regimes.

Audio of Charlie Munger's 1995 Harvard speech on the psychology of human misjudgment, laying out a framework of cognitive biases and mental models for decision making. It covers factors like incentives, social proof and denial.

Jenny Nicholson's roughly four-hour review of her two-night stay on Disney's Star Wars Galactic Starcruiser immersive hotel. She goes through the experience, its story and production, and why it failed.

PolyMatter examines how universities, especially in the West, depend on foreign and Chinese student tuition and how rankings and incentives distort institutions around that money.

Real Engineering looks at why nuclear power plants are expensive and how their economics compare with fossil and renewable alternatives. It is based on a video from the Illinois Energy Professors.

A half-hour television special on the 2007 fiery collapse of a connector in the Bay Area's MacArthur Maze and its rebuilding in 26 days. It was produced for the Professional Engineers in California Government.