Public Policy & Government Failure¶
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Abstractions about policy design, redistribution, rent seeking, fiscal misperception, and institutional failures of public intervention.
5 abstractions in this family — domain-specific abstractions that sit near one another in structural-signature space (k-means over structural-signature embeddings). Each is shown with its short description.
- Fiscal Illusion — The public-finance phenomenon in which a financing mechanism obscures the price signal linking public goods to their cost, so taxpayers underperceive the true burden — biasing demand for public spending upward relative to what fully-informed citizens would choose.
- Government Failure — The patterned ways government intervention produces outcomes worse than the market failure it meant to correct, derived by modeling the state as self-interested actors under institutional constraints — capture, rent-seeking, electoral myopia, bureaucratic bloat — and set symmetrically against market failure on one comparative surface.
- Policy Design — The structured activity of crafting an authorised rule for a target population of intentional agents inside an institution, factored into six separable components — frame, goal, target, instrument, implementation, evaluation — so failure can be localized to a slot rather than pronounced globally.
- Redistribution — The deliberate reallocation of income, wealth, or consumption between groups through state authority — a clearing-house collecting from a source base and paying a recipient base under rules set so the net flow runs from those with more to those with less along a named axis.
- Rent-Seeking Trap — The public-choice pathology in which institutional rules make the marginal return on capturing an existing rent exceed the return on producing new value, so effort is dissipated into contests over distribution — self-reinforcing where the rent-defending coalitions persist and manufacture further rents.