Quotes About Incentives

First prize is a Cadillac Eldorado…. Second prize is a set of steak knives. Third prize is you're fired.

As you all know first prize is a Cadillac El Dorado. Anyone wanna see second prize? Second prize is a set of steak knives. Third prize is you're fired.

All taxes discourage something. Why not discourage bad things like pollution rather than good things like working?

Good and evil, reward and punishment, are the only motives to a rational creature

The problem is that religion tends to give people bad reasons to be good.

In the United States, if you buy a property and you're a good citizen, and you improve that property, what do they do to you? They tax you more. So they penalize you for good behavior.

If people are good only because they fear punishment, and hope for reward, then we are a sorry lot indeed.

Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment.

Government does not create jobs. Government does not create jobs.

People can also change the timing of when they earn and receive their income in response to government policies.

I think almost every economist would agree that government gets itself in trouble when it tries to interfere with voluntary behavior.

Anyplace market forces have been artificially removed by the government there is a total absence of incentives, competition, effective oversight, cost controls and so on.

Saddam Hussein has raised the amount going to suicide bombers from $10 thousand dollars to $25 thousand. What's next, a health care plan?

If you look at history, innovation doesn't come just from giving people incentives; it comes from creating environments where their ideas can connect.

If people are good because they fear punishment, and hope for reward, then we are a sorry lot indeed.

Behaving morally because of a hope of reward or a fear of punishment is not morality.

Any business or industry that pays equal rewards to its goof-off and its eager beavers sooner or later will find itself with more goof-offs than eager beavers.

Setting up a system that rewards you for meeting your goals and has penalties for failing to hit your target is just as important as putting your goals down on paper.

Employees producing mediocre returns for owners should expect their pay to reflect this shortfall

People align their actions with implicit incentives, not official rhetoric.

It was characteristic of her that she remembered her failures as keenly as her triumphs, and that the passionate desire to obliterate, to get even with them, was always among the latent incentives of her conduct.

Medicare rewards doctors far better for doing procedures than for assessing whether they should be done at all.

Man would indeed be in a poor way if he had to be restrained by fear of punishment and hope of reward after death.

tests. Those tests can lead to drugs or surgeries, even for patients with no symptoms. Men have their prostates removed. Women are given chemotherapy for breast cancer. The temptation to do something is overwhelming. The financial incentives don't hurt either.