# Inefficiency

`kaal:entity:inefficiency`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `inefficiency`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 2 works, 2021 to 2021.

**2021**

- [3782205-016](https://wulfkaal.github.io/claims/3782205-016) [condition/argued] *(failure mode)* -- If an organization's goal is to maintain decentralization, its tools must be used deliberately to prevent the natural concentration of power that occurs when economic inefficiencies create pockets of corruption where rent-seeking actors accumulate.
  > If, however, the goal of the organization is to maintain decentralization (assuming that is preferable), then these tools must be used wisely to prevent the natural concentration of power that occurs when inefficiencies in the economy allow pockets of corruption to accumulate rent-seeking actors.
  Craig Calcaterra, Wulf A. Kaal, Eight Institutions for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782205
- [3981021-007](https://wulfkaal.github.io/claims/3981021-007) [failure/argued] *(failure mode)* -- Because boards and donors seek to preserve endowments rather than spend them, funds accrue tax free long after the donor has taken the deduction, which runs counter to the spirit of the rules governing charitable deductions and may contribute to harmful inefficiency.
  > Rather than funds being employed immediately, the funds are allowed to accrue tax free. 49 This may run counter to the spirit of the rules governing charitable deductions and may contribute to harmful inefficiency.
  Wulf A. Kaal, How Decentralized Autonomous Organizations Optimize Charitable Giving (2021). SSRN: https://ssrn.com/abstract=3981021

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/inefficiency.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.