The Edge of Chaos

Richard Stanley

Well-Known Member
The following clip discusses a provocatively titled new book, The Edge of Chaos. The book discusses why the current disaffection with liberal democracy over the last decades now in favor of rising authoritarianism.

And the book provides 10 reforms to reverse the trend. In the clip Moyo mentions how Singapore compensates it leaders (including their bureaucrats). Salaries are more comparable to that of business executives, and also come with 'clawbacks' if performance is inadequate. Thus there is significant monetary incentive to create good outcomes for the public.