Elizabeth Warren has a plan to sort out the higher maternal mortality rate among black women in America. She’s going to fine hospitals that have high rates and give more money to hospitals that have low rates. Hmm, well, sure, incentives matter.
But there is a slight problem with this idea. Imagine that we applied exactly the same one to, say, high schools. We’d end up taking money away from schools with predominantly black populations and giving more to those with disproportionately white ones.…See More