Odaily Planet Daily News: Brian Armstrong, CEO of Coinbase, wrote on X that the Department of American Government Efficiency (DOGE) is a once-in-a-lifetime opportunity to increase economic freedom in the United States and restore the size of the government to a healthy level. The founding fathers were geniuses, but they may have overlooked the adverse incentives for the expansion of democratic governments over time (winning elections by promising more free things). To prove this in the future, we may need a constitutional amendment to limit total government spending (such as 10%), or find a way to align incentives (Buffett once proposed that an unbalanced budget would disqualify all members of Congress who voted for it from re-election). Ideally, the government should have a way to temporarily control spending (such as in times of war), but still have appropriate incentives to prevent spending from getting completely out of control in the long run. An example is the U.S. sovereign wealth fund, where every citizen has a share (perhaps people can buy more on demand), and any budget surplus pays dividends. Then every citizen has a share, and perhaps Congress will get a slightly larger share. What are the best ideas for aligning incentives with long-term fiscal discipline? "

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