A balance sheet approach to policy issues

Many people struggle to see more than one (their) side of issues. For my sins, economics focuses a lot on seeing many sides of issues. For simplicity, though, one can approach many issues with what I’ll call a balance sheet approach. Some may see that as pros and cons, achievements and failures, etc; really trying to assess positives and negatives. I take that approach with a lot of problems I try to understand, so my conclusions are usually nothing much to do with individuals (though they are not a trivial part of the mix) but much to do with how things are really working.

I’m explaining that so that those who love to see all issues through their blurred political lenses will stop thinking that I come at things from a specific political viewpoint.

That said, I’ve long had my eyes on government in general in Jamaica, and why it so often fails to address problems well. I’ve also long had my eyes on the policing of Jamaica. So, with that in mind, I suggest you just put together your own balance sheet for these two institutional set-ups and see what conclusions you draw, simply on a success: failure ratio. 🙂

Author: Dennis G Jones (aka 'The Grasshopper')

Retired International Monetary Fund economist. My blog is for organizing my ideas and thoughts about a range of topics. I was born in Jamaica, but spent 30 years being educated, living, and working in the UK. I lived in the USA for two decades, and worked and travelled abroad, extensively, throughout my careers and for pleasure. My views have a wide international perspective. Father of 3 girls. Also, married to an economist. :)