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Published February 7, 2026 | Version 0.9
Working paper Open

Incentive Alignment Bonds: Making Public Goods Financially and Politically Profitable

Authors/Creators

  • 1. Institute for Accelerated Medicine

Description

Government spending is optimized for lobbying intensity, not net societal value. Programs with 100:1 benefit-cost ratios get billions while programs with negative returns get hundreds of billions. Incentive Alignment Bonds flip this by creating a capital pool that rewards politicians (via campaign support and post-office opportunities) for funding high-NSV programs over low-NSV alternatives. The result: public good becomes private profit for both investors and elected officials.

Notes

Category: Academic Paper, Political Economy, Mechanism Design, Public Policy | Genre: Political Science, Economics, Mechanism Design, Public Policy | Target Audience: Researchers, Policy Makers, Political Scientists, Economists, Political Reform Advocates

Files

incentive-alignment-bonds-paper.pdf

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Additional details

Related works

Is supplemented by
Software documentation: https://iab.warondisease.org (URL)
Software: https://github.com/mikepsinn/disease-eradication-plan (URL)

Subjects

Mechanism Design
Public Choice
Political Economy
Collective Action
Campaign Finance