Reminds me of cities shortening yellow lights to make money off of red light cameras. The thing is that the cameras are supposed to make the public safer. That’s what they are meant to do. But they’re so expensive that you need a certain number of tickets to offset them (but whoever heard of public safety being a profit center instead of a loss leader?). It’s a proven fact that short yellows lead to more accidents. S…
We should not be involving private market players as partners in 'investments' with public organizations tasked with public good, or else we get misaligned incentives since the partners both expect different types of returns.