Quotes About Incentives

For many people, the reluctance to embrace Christianity is as practical as it is intellectual. They want to know what the benefits of Christianity are, or what's in it for them.

When you're managing a large number of people, you learn that incentives matter tremendously. You really want people to be rewarded for doing the right thing for the customers and the organization.

IBM doesn't want its people to get frustrated and restless because it has them reaching for carrots they can't quit

It's often said that leadership is the art of getting people to do what you want, and making them think it's what they want. This captures a lot of what Abraham Lincoln did.

Socialists tend to want to pay people more money to do less work, and capitalists tend to want to provide better products at better prices.

The solution is to change the cake recipe, and that's the way it is with government. We can start adopting policies that work and that encourage economic growth. If you got incentives for encouraging big business development but not small or medium business development, it's not going to work. It needs to work for all three.

Commerce has changed the ethics of citizenship and the incentives for national service. America now buys private contractors - we used to call them mercenaries - to do the country's fighting.

the limits amplified the corrosive effects of ambition on the legislators, who focused from day one on how best to use their limited time as a springboard to their next post. That produced incentives to go for a big, short-term splash and leave the long-term mess to the next wave of their successors.

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

Regression effects, in other words, serve to "punish the administration of reward, and to reward the administration of punishment."21

Private property and capitalism also provide strong incentives to preserve resources for the future, whereas political resource allocation under democracy tends toward immediate gratification.

While "greed" is one of the most popular—and most fallacious—explanations of the very high salaries of corporate executives, when your salary depends on what other people are willing to pay you, you can be the greediest person on earth and that will not raise your pay in the slightest. Any serious explanation of corporate executives' salaries must be based on the reasons for those salaries being offered, not the reasons why the recipients desire them.

One of the ways of understanding the consequences of economic decisions is to look at them in terms of the incentives they create, rather than simply the goals they pursue.

Just as price fluctuations allocate scarce resources which have alternative uses, price controls which limit those fluctuations reduce the incentives for individuals to limit their own use of scarce resources desired by others.

While families had incentives to curtail women's work outside the home, employers had countervailing incentives to try to tap this large potential source of workers. Early New England mill owners, for example, tried to reassure parents of the safety and propriety of letting their daughters work in their businesses by having all-female workforces, often overseen by older women who in effect were chaperons, especially when the young women lived away from home.

Political incentives are for government officials to supply public schools with things that are in demand from organized constituencies such as teachers' unions that want smaller classes, better facilities and job protection.

At various times and places, particular individuals have argued that existing tax rates are so high that the government could collect more tax revenues if it lowered those tax rates, because the changed incentives would lead to more economic activity, resulting in more tax revenues out of rising incomes, even though the tax rate was lowered.

Bajo un gobierno electo popularmente, los incentivos políticos son hacer lo que es popular, a pesar de sus posibles consecuencias negativas, o hacer algo tan popular como sea posible

Often, it is precisely the lure of a chance to hit the jackpot which causes all the producers to gamble on untried ventures, out of which some prove to be beneficial to the public. To insist on a closer approximation to merit would reduce the incentives and the benefits to society that flow from these incentives.

the complacency of assured social position dulled the incentives necessary for the arduous task of developing native talents to the fullest.

Britain's earlier development of strong and widespread labor unions, which were able to restrict the application of new technology, both directly and by appropriating a sufficient share of technology's economic benefits to reduce the incentives for further technological investment.

No one likes to admit being mistaken but, under the incentives and constraints of profit and loss, there is often no choice but to reverse course before financial losses threaten bankruptcy. In politics, however, the costs of the government's mistakes are often paid by the taxpayers, while the costs of admitting mistakes are paid by elected officials.

Los precios no son simplemente un medio para transferir dinero, sino que su función principal es brindar incentivos que afecten al comportamiento en el uso de los recursos, y de los productos que resultan de éstos.

But the dollars spent on economic incentives and new investment strategies are wasted unless we seriously address the two most important economic issues in Kansas: education and health care.