Modern American economics, dominated by conservative thought for almost 40 years now, rewards the use of capital markets as wealth engines rather than facilitators. And we the people reward home owners for consumer spending funded by home equity. In isolation, those concepts are not terrible dangerous. In real world application, those concepts give incentives for risk-taking which has only one natural consequence. Thus, we call those incentives perverse, and in the world of information, we have similar incentives.