When Good Intentions Go Up in FlamesThrowing money at a problem created a monster.

This is a story about how incentives can backfire catastrophically. In 2009, Australia launched a massive home insulation program to stimulate its economy. The generous rebates created a 'gold rush,' attracting untrained workers into an unregulated industry. The result was a disaster: hundreds of house fires, four deaths, and ruined businesses. It’s a stark reminder that a well-meaning policy without proper oversight can have devastating human costs.

0:00
3:32