Theresa May Demonstrates a Frightening Ignorance of Economics and The Private Sector

In May’s speech tomorrow she’ll observe that “the bonuses paid to the heads of some of our biggest developers are based not on the number of homes they build but on their profits or share price...that creates a perverse incentive.”

This is literally how free markets work.

— Jim Pickard (@PickardJE) March 4, 2018