"Live Players" with Samo Burja and Erik Torenberg cover image

How to Make America’s Government More Efficient

"Live Players" with Samo Burja and Erik Torenberg

00:00

Mitigating Regulatory Capture and Improving Government Efficiency

To mitigate regulatory capture, implementing permanent time-outs for contracts could be beneficial. Encouraging the development of new companies to create competition and induce innovation is crucial. Funding new companies that are independent of established contractors may lead to cost-effective solutions. Another strategy is having a government task force to identify and replace inefficient companies with more efficient alternatives. Both major political parties acknowledge the inefficiencies of government and the need for enhanced effectiveness and efficiency. The focus should be on improving government performance and capacity to address critical issues like housing, healthcare, and education.

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