Bottomless NDIS ‘sinkhole’ disables economy

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“Show me the incentive and I’ll show you the outcome”.

This famous quote was coined by legendary investor and Berkshire Hathaway vice chairman Charlie Munger in a 1995 Harvard speech.

Munger’s quote encapsulates a fundamental truth about human behaviour and its impact on business and government.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.