Quotes About Incentive
If you have a great manager, you want to pay him very well.
~ Warren Edward Buffett
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You want to balance the budget in this country? We change the salary structure for Congress and the President. Every year they don't balance the budget, we don't pay them.
~ Daniel Keys Moran
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Men do not value a good deed unless it brings a reward.
~ Daniel Klein
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A businessman who expects his output to be stolen, expropriated, or entirely taxed away will have little incentive to work, let alone any incentive to undertake investments and innovations.
~ Daron AcemoÄŸlu
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the expectation of receiving a reward will transform the nature of the sacrifice.
~ David A. Cooper
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Societies that robbed humans of what they had rightfully earned by the sweat of their brows paid a steep price for this theft. They destroyed the individual's incentive to work, undermined the general prosperity, and thereby doomed themselves to poverty and famine.
~ James Oakes
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A bureaucracy is an agency that has power over us and therefore will use that power to advance its own self-interest. Bureaucrats have little or no incentive to serve the interests of the public as their compensation is received whether or not they do so and they lack the expertise to do so even if so inclined.
~ James Ostrowski
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To most of America, war has become not only tolerable but profitable, and so there is no longer any great incentive to end it.
~ James Risen
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Coughlin came to believe that the Department of Veterans Affairs had an inherent conflict of interest that hobbled its ability to conduct honest research. The VA was charged not only with conducting research on medical conditions afflicting veterans but also with paying the benefits to veterans who suffered from those conditions. Whenever VA researchers discovered a new health problem, the VA had to pay out more money. The VA thus had an incentive not to discover new illnesses among veterans.
~ James Risen
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A decrease in the amount of time required to search for a wine product lowers the opportunity cost of choosing to purchase it, and therefore gives wine consumers an economic incentive to buy more of it.
~ James Thornton
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People will quite often do anything for money. - Jane Marple
~ Agatha Christie
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People don't do things without a reason.
~ Agatha Christie
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From the law firm's perspective, billing by the hour has a certain appeal: it shifts risk from the firm to the client in case the work takes longer than expected. But from a client's perspective, it doesn't work so well. It gives lawyers an incentive to overstaff and to overresearch cases.
~ Robert Pozen
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The cell phone companies add to the problem. Every one they give out, they get money for from the federal government. So they have an incentive to give as many away as possible. And that's exactly what they're doing, and they're making a killing.
~ Tim Griffin
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All businesses require capital, management and labor, and business executives, wanting to grow and maintain profitable enterprises, have a strong incentive to keep costs, including labor, as low as possible.
~ Kevin O'Leary
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I'm always for lower taxes because lower taxes make people want to do things. Less burden, more fun, and economics is about people wanting to have fun. Growth is fun for people in the marketplace.
~ Amity Shlaes
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We are human beings. We operate from wanting to be rewarded.
~ Hill Harper
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The humanitarian developers behind World of Warcraft have also discovered a way to bribe gamers into turning off their computers and going outside. If you log off for a few days, your character will be more 'rested' when you resume playing, a mode that temporarily speeds up your leveling.
~ Clive Thompson
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Anyone can see why an elite athlete would want to leave a small, impoverished country where their skills were effectively uncashed winning lottery tickets. All they had to do was wash ashore almost anywhere else in the world and cash in. Yet the vast majority of Cuban boxers - and Cuban athletes in general - despite that incentive, stayed.
~ Brin-Jonathan Butler
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it is not because of the benevolence of the baker that we eat fresh bread every morning but because of his desire to make money.
~ Raghuram G. Rajan
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Opportunity is dead in the United States!" "The tax structure has destroyed all incentive!" How often we have heard such laments during the past thirty years, when in fact greater fortunes have been made and higher living standards achieved than ever before on earth! Those
~ Ray Kroc
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What incentive does a university have to control costs when it has a steady supply of students being lent federal funds?
~ Trish Regan
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The only method by which people can be supported is out of the effort of those who are earning their own way. We must not create a deterrent to hard work.
~ Robert Taft
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As every successful parent learns, one way to encourage good behavior, from room-cleaning to tooth-brushing, is to make it fun. Not surprisingly, the same principle applies to adults. Adults like to have fun, too.
~ Richard Thaler
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