The problem we were struggling with within the closed market was what the incentive would be. You probably wouldn't use dollars. But those are all questions that need to be explored.
We need to give people more of an incentive to work, to save, to invest, to create a true future for themselves.
Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work.
But the system of prices ruling the market not only transmits information in the light of which economic agents can mutually adjust their actions, it also provides them with an incentive to exercise economy in terms of money.
I would not be opposed to devising a new system of pensions, in which one part was based on collective provision, but which also gave incentives for people to take out an additional, personal plan.
What commercialism has brought to Linux has been the incentive to make a good distribution that is easy to use and that has all the packaging issues worked out.
Congress is headed in the wrong direction with this bill which removes any and all incentives from the food industry to improve their products for children.
ACT and SAT each have their own parts of the country. The GRE has its lock on graduate admissions. And so, one could blame the companies, but really, economically, they have no incentive to change things very much because they're getting the business.
It's for management to enthuse & motivate employees towards excellence in service; the profit incentive doesn't last
People in the political world have every incentive to say things that lead voters away from a clear economic understanding of issues. What has happened more and more is that organized groups have more and more reasons to say things that don't make any economic sense.
We have to do a much better job at keeping our jobs. And we have to do a much better job at giving companies incentives to build new companies or to expand, because they're not doing it.
The market, if it can be kept honest and competitive, does provide very strong incentives for work effort and productive contributions. In their absence, society would thrash about for alternative incentives-some unreliable, like altruism; some perilous like collective loyalty; some intolerable, like coercion or oppression.
The incentive that you give to your youth is going to be the make-or-break future of the country.
Legal plunder can be committed in an infinite number of ways; hence, there are an infinite number of plans for organizing it: tariffs, protection, bonuses, subsidies, incentives, the progressive income tax, free education, the right to employment, the right to profit, the right to wages, the right to relief, the right to the tools of production, interest free credit, etc., etc. And it the aggregate of all these plans, in respect to what they have in common, legal plunder, that goes under the name of socialism.
If it were possible for us to have so deep an insight into a man's character as shown both in inner and in outer actions, that every, even the least, incentive to these actions and all external occasions which affect them were so known to us that his future conduct could be predicted with as great a certainty as the occurrence of a solar or lunar eclipse, we could nevertheless still assert that the man is free.
The Republican tax cut threatens to undercut both veterans health care and the veterans educational benefits that have been recognized for decades as not only the long-standing obligation of the Nation to its veterans, but also as the best recruiting incentives we can offer to keep our armed forces strong and sharp.
When incentive to acquire and obtain property is gone, people no longer make efforts to acquire any... Those who infringe upon property rights commit an injustice... If this occurs repeatedly, all incentives to cultural enterprise are destroyed and they cease utterly to make an effort. This leads to destruction and ruin of civilization.
Will a guaranteed annual wage kill incentive among the poor? If a man is given a certain amount of security, won't he quit working? Exactly the same contention could be made about the sons of the wealthy who are left large fortunes. Yet the evidence suggests that, given economic freedom, people will generally choose to do that which interests them most. It is up to society to see that these interests are widened and that too requires investment.
As adults, we must ask more of our children than they know how to ask of themselves. What can we do to foster their open-hearted hopefulness, engage their need to collaborate, be an incentive to utilize their natural competency and compassion...show them ways they can connect, reach out, weave themselves into the web of relationships that is called community.
If we can find short-term incentives that are consistent with our long-term objectives, it is much easier to make the right decisions in the moment.
It's a tremendous way of getting people to buy more at lower cost to the producer. There's no question that that's an incentive to buy. Everybody loves a bargain.
Instead of building housing in a wealthy neighborhood and saying, here you go, here's some under the market which will, by the way, drop the market for everyone's housing. Go into the lower income neighborhoods and say, here's a business incentives, so that people can get jobs.
If you have a rigidly controlled economy, cut off from the rest of the world by infinite protection, nobody has any incentive to increase productivity and to bring new ideas.
The trans fat label has been an enormous incentive for food companies to take trans fat out of their products.
I'm doing the 2015 5x50 challenge because ... t’s the most awesome incentive for your daily motivation!
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