Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout a...
Rules do not determine outcomes - the players still have to make choices - but they make some outcomes more likely than others, by defining what it means to "win", and by creating incentives for and imposing constraints on the players.
The fact that the United States has political, economic, and legal structures that do indeed create incentives to control hazards (in the workplace) is one the reasons the corporations have moved to Latin America and Asia.
Early in my career, I decided not to do sequels. I know that children enjoy them, but I valued the feeling that this was the only time I would write about these characters. I felt it gave me an added incentive to do my best by them, to tell readers e...
Now, many public libraries want to lend e-books, not simply to patrons who come in to download, but to anybody with a reading device, a library card and an Internet connection. In this new reality, the only incentive to buy, rather than borrow, an e-...
Physicians today, as human beings, are not exempt from the perverse economic pressures created by fee-for-service regimes to see more patients for shorter appointments and order more tests and procedures. If the incentives were changed to pay to fost...
So many times I've photographed stories that show the degradation of the planet. I had one idea to go and photograph the factories that were polluting, and to see all the deposits of garbage. But, in the end, I thought the only way to give us an ince...
When I first started working on 'Secret Diary,' I definitely felt like I needed to shape up. The idea of being in my knickers on TV was a great incentive! Now I try to eat right, and I go to Bikram yoga three or four times a week. I have my 'naughty'...
I would give relief from the first $10,000 of the payroll tax. I would allow small businesses to accelerate depreciation so they would have an incentive to buy now rather than defer. I would also give to the states $40 billion of relief.
I think we need a very, very serious effort, primarily through tax policy to provide incentives and encouragement for people to save and invest and expand their businesses and to create more jobs. The kind of thing we did in the early Reagan years, 3...
I think any writer is a fool if he doesn't do it for money. There needs to be some kind of incentive in addition to the project. It all goes together. It's fun to sit there and think of characters and get them into action, then be paid for it. I can'...
First, I do not sit down at my desk to put into verse something that is already clear in my mind. If it were clear in my mind, I should have no incentive or need to write about it. We do not write in order to be understood; we write in order to under...
A goal without real consequences is wishful thinking. Good follow-through doesn't depend on the right intentions. It depends on the right incentives.
Most of us have no sympathy with the rich idler who spends his life in pleasure without ever doing any work. But even he fulfills a function in the life of the social organism. He sets an example of luxury that awakens in the multitude a consciousnes...
The beauty of a free society is that someone slightly less gifted who works harder than usual can rise; the burden of a free society is that someone slightly less gifted is expected to work harder than usual. The socialist society, however, is proble...
The threat posed by Bank of America isn't just financial - it's a full-blown assault on the American dream. Where's the incentive to play fair and do well, when what we see rewarded at the highest levels of society is failure, stupidity, incompetence...
When you teach, you need to give the students incentives by grades or by other factors. I went to the Bible to find that topic in Scripture. I was shocked that after college and graduate school I had no idea that Jesus Christ had talked so much about...
Fed by neither Heaven nor by Earth he was going forward . . . He hadn't a God or a lover--the two usual incentives to virtue. But on he struggled with his back to ease, because dignity demanded it. There was no one to watch him, nor did he watch hims...
The generality of mankind is lazy. What distinguishes men of genuine achievement from the rest of us is not so much their intellectual powers and aptitudes as their curiosity, their energy, their fullest use of their potentialities. Nobody really kno...
So, ignorant we are. But we're not stupid. Indeed...remaining ignorant about politics and our government is a perfectly rational response to the government we have. The question isn't what we know. The question is what we're capable of knowing, and d...
Today I realized that I am nothing more than tomorrow's ghost. In a way, it robs my sense of self to know I'm always changing; at the same time, it provides incentive to have the best today possible so I can have a positive influence on tomorrow and,...
