It misdesigned goods, adversely selected technologies, misallocated and misremunerated factors of production, encouraged work to rule, underproduced, misdistributed outputs and was subject to a myriad of moral hazards.
Source: wiktionary
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It misdesigned goods, adversely selected technologies, misallocated and misremunerated factors of production, encouraged work to rule, underproduced, misdistributed outputs and was subject to a myriad of moral hazards.
Source: wiktionary