Unpacking the Jevons Paradox: how effectiveness gains in the NDIS lead to increased demand

Australia has just completed major reviews of two of its largest public expenditures – the NDIS and Employment Services. Each program manifests problems predicted by two lesser-known economic theories: the Jevons Paradox in the case of the NDIS and Goodhart’s Law in the case of employment services. Neither were mentioned in either review. Today I … Continue reading Unpacking the Jevons Paradox: how effectiveness gains in the NDIS lead to increased demand Continue reading »