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FEE’s Brad Polumbo writes, “In all, states spent at least $90 million, likely more, Business Insider reports, on these kinds of vaccine lottery efforts…
Researchers examined the 19 states with vaccine lottery schemes and compared them to states that did not enact such programs. The authors conclude that the impact these lotteries had on increasing vaccination rates was ‘very small in magnitude and statistically indistinguishable from zero.’
That’s all money that could’ve gone to more productive purposes—or better yet, left in taxpayers’ pockets to begin with. https://t.co/N6OW693lzK — FEE (@feeonline) October 19, 2021
That’s all money that could’ve gone to more productive purposes—or better yet, left in taxpayers’ pockets to begin with. https://t.co/N6OW693lzK
Why is the government inherently incentivized toward waste and inefficiency? Nobel-Prize-winning economist Milton Friedman famously answered this question when he explained that, fundamentally, the government’s job is to ‘spend somebody else’s money on somebody else.’
‘If I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get,’ Friedman concluded. ‘And that’s government.”
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