Hammurabi’s code, ~3800 years ago, removed the agency problem as a condition for transaction: “If a builder builds a house and the house collapses and causes the death of the owner – the builder shall be put to death. If it causes the death of the son of the owner , a son of that builder shall be put to death.”
Everything in past 100 years has been to shield managers from liabilities. Think of Fukushima.

DECIMATION as removal of agency problem- The Romans removed one’s incentive to be a coward and hurt others by withdrawing from combat. If a legion loses a battle and there is suspicion of cowardice, ten percent of the surviving soldiers and commanders are put to death, usually by random lottery.

Your principal & hardest to defeat enemy is your own profession.

There is a Russian saying: “if you say you drank too much, you didn’t drink too much”.