Great piece! Can't wait to read more. In Ireland we seem to struggle to convert healthy GDP and Corporation Tax into the underlying structures of the country, enhancing the day to day experience of citizens. Why is this and are we different from other countries in this respect?
Good read. One thing I find difficult on this topic, is knowing how to separate the veneer from the reality.
I don’t follow politics closely anymore, but I can only assume many would argue that yes, Mamdani is fixing potholes and adding lighting to tennis courts in the Bronx, all whilst “tanking the economy” with crippling taxes and regulation or whatever.
How should one think about this? Are there good KPIs (or even proxies) for measuring state capacity? And does good state capacity always lead to good outcomes? Should we care more about state capacity or some broader set of indicators?
Great piece! Can't wait to read more. In Ireland we seem to struggle to convert healthy GDP and Corporation Tax into the underlying structures of the country, enhancing the day to day experience of citizens. Why is this and are we different from other countries in this respect?
What an absolute joy to see this come into my inbox
Good read. One thing I find difficult on this topic, is knowing how to separate the veneer from the reality.
I don’t follow politics closely anymore, but I can only assume many would argue that yes, Mamdani is fixing potholes and adding lighting to tennis courts in the Bronx, all whilst “tanking the economy” with crippling taxes and regulation or whatever.
How should one think about this? Are there good KPIs (or even proxies) for measuring state capacity? And does good state capacity always lead to good outcomes? Should we care more about state capacity or some broader set of indicators?