This tweet brings up a critical point. Many of our institutions, like the medical system, need to be redesigned to "serve [the] public interest". For-profit companies don't deliver public goods well, and that's not their job. https://twitter.com/ProfLWiley/status/1352600980941058048
Another set of institutions that need a revisit include our system of property rights. We can and should redesign property rights to enable the creation of a more sustainable world. https://www.koomey.com/post/17618292314
Property rights and the climate

In discussions about the climate issue, I’ve often heard the argument that no one, including the government, has a right to interfere in the disposition of private property.  In essence, supporters...

https://www.koomey.com/post/17618292314
We also need to fight against the pervasive anti-government ideology that prevents US society from responding sensibly to externalities and other societal threats. https://www.koomey.com/post/17613140066
What kind of government do we want?

Imagine a company where the CEO says "We'll never raise prices, borrow money, or increase our expenses under any circumstances, nor will we act to expand existing or create new markets when we have...

https://www.koomey.com/post/17613140066
Markets are not magic, and are in fact human creations. We can design them in any way we want, and we should design them to better serve societal ends. For more on market design, see this classic book:
McMillan, John. 2003. Reinventing the Bazaar: A Natural History of Markets. New York, NY: W.W. Norton & Company. [ http://amzn.to/1sl0VOg ]
Reinventing the Bazaar: A Natural History of Markets

Reinventing the Bazaar: A Natural History of Markets

http://amzn.to/1sl0VOg
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