For people who don’t want to watch a video, here’s the Wikipedia explanation:

The results of a perverse incentive scheme are also sometimes called cobra effects, where people are incentivized to make a problem worse. This name was coined by economist Horst Siebert in 2001 based on a historically dubious anecdote taken from the British Raj. According to the story, the British government, concerned about the number of venomous cobras in Delhi, offered a bounty for every dead cobra. Initially, this was a successful strategy; large numbers of snakes were killed for the reward. Eventually, however, people began to breed cobras for the income. When the government became aware of this, the reward program was scrapped, and the cobra breeders set their snakes free, leading to an overall increase in the wild cobra population.

It's how corporate America operates.

Fucking Cobra Kai

Is the firebug phenomenon part of this?

Or stealing lit cigarettes out of human mouths. That’s a kind of comedy gold I can get behind.

This crow I can support.