I want to disagree alla bit with the um in the game for politicians. It seems to me there's a big difference between a president's skin in the game and a, say, a senator voting for some resolution related to that war. The optimal structure is when a person is penalized a long term from inaction. And that only happens if in a disent, decentralized system. See, for example, the mayor of a smallryonow village in switzerland,. If he fails, his reputation as somhe has more skill in game than the bureaucrats in washington whose actiom cannot beden and and asol.