Incentives Quotes - Page 9

• The educational process should not be one of homogenizing. It should be one of encouraging excellence... when we fail to make financial aid depend upon performance, we eliminate the incentive to excellence.

  John H. Sununu

  Education, Excellence, Financial

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• When it's easy to make money, you have no incentive to think about development of talent.

  Malcolm Gladwell

  Thinking, Development, Talent

  "Secrets of their success". Interview with Jennifer Reingold, archive.fortune.com. November 19, 2008.

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• We simply prefer to deny death or tragedy at all costs and, with it, a fundamental aspect of life. We do this instead of acknowledging that suffering represents one of the strongest incentives of life, which is the base of human solidarity and what brings intensity to happiness.

  Claudia Llosa

  Suffering, Tragedy, Cost

  Source: blogs.indiewire.com

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• I think that players play, and they compete, and it's not about incentives.

  David Stern

  Player, Thinking, Play

  "Curious Guy: David Stern". Interview with Bill Simmons, www.espn.com. February 16, 2006.

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• It's a great incentive to work long hours. I limit the holiday to two weeks and then get the hell back to the office. If I had my choice I wouldn't take holidays but my wife insists on time with the kids. That's enough. Prior to getting married I never took a holiday.

  Michael O'Leary

  Holiday, Kids, Two

  Source: www.mirror.co.uk

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• Never let success hide its emptiness from you, achievement its nothingness, toil its desolation. And so...keep alive the incentive to push on further, that pain in the soul which drives us beyond ourselves...Do not look back. And do not dream about the future, either. It will neither give you back the past, nor satisfy your other daydreams. Your duty, your reward - your destiny - are here and now.

  Dag Hammarskjold

  Dream, Pain, Past

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• There are only two stimulants to one's best efforts-the fear of punishment, and the hope of reward. When neither is present, one can hardly hope that salespeople will want to be trained or want to do a good job. When disappointment is not expressed that one hasn't done a better job, or when credit is withheld when one has done a good job, there is absolutely no incentive to put forth the best effort.

  John Moulder Wilson

  Jobs, Disappointment, Punishment

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• If the price of everything is going down, that's going to include wages as well. People will have an incentive to sit on their cash and not spend it.

  Paul Krugman

  People, Wages, Cash

  "Why Paul Krugman thinks inflation fears are baloney". Interview with Paul Solman, www.pbs.org. November 3, 2014.

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• Riches, the incentives to evil, are dug out of the earth.

  Ovid

  Evil, Earth, Riches

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• Frustration is the first step towards improvement. I have no incentive to improve if I'm content with what I can do and if I'm completely satisfied with my pace, distance and form as a runner. It's only when I face frustration and use it to fuel my dedication that I feel myself moving forwards.

  John Bingham

  Running, Distance, Moving

  John Bingham (2002). “No Need for Speed: A Beginner's Guide to the Joy of Running”, p.105, Rodale

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• Banks have come to realize in the recent crisis that they are paying the price for having designed compensation packages which provide incentives that are not, in the long run, in the interests of the banks themselves, and I would like to think that would change.

  Mervyn King

  Running, Thinking, Long

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• When people who earn more than the average have their 'surplus', or the greater part of it, seized from them in taxes, and when people who earn less than average have the deficiency , or the greater part of it, turned over to them in hand-outs and doles, the production of all must sharply decline; for the energetic and able who lose their incentive to produce more than the average, and the slothful and unskilled lose their incentive to improve their condition.

  Henry Hazlitt

  Average, Hands, People

  Henry Hazlitt (1971). “Man Vs. the Welfare State”, p.122, Ludwig von Mises Institute

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• Never, ever, think about something else when you should be thinking about the power of incentives.

  Charlie Munger

  Thinking, Should

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• Unfortunately, the elimination of incentives such as parole, good time credits and funding for college courses, means that fewer inmates participate in and excel in literacy, education, treatment and other development programs.

  Bobby Scott

  Education, Mean, College

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• A goal without real consequences is wishful thinking. Good follow-through doesn't depend on the right intentions. It depends on the right incentives.

  Tim Ferriss

  Real, Thinking, Goal

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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

  War, America, Ends

  James Risen (2014). “Pay Any Price: Greed, Power, and Endless War”, p.15, Houghton Mifflin Harcourt

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• We are a consumer company and our success is directly linked to our users trusting us. Therefore we have the same incentive as the user: they want to see relevant advertising so their experience of Google is positive and we want to deliver it.

  Susan Wojcicki

  Google, Want, Advertising

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• The tragedy of government welfare programs is not just wasted taxpayer money but wasted lives. The effects of welfare in encouraging the break-up of low-income families have been extensively documented. The primary way that those with low incomes can advance in the market economy is to get married, stay married, and work—but welfare programs have created incentives to do the opposite.

  Michael Tanner

  Government, Opposites, Welfare Programs

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• When a company is charging money for a product - as Evernote does for all above its most basic service, and same for Dropbox and SugarSync - you understand its incentive for sticking with that product.

  James Fallows

  Doe, Charging, Company

  "The Danger of Free Google Software" by Orion Jones, bigthink.com.

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• If you're a bit spongy, vulnerable to the unsettling energy of others, count yourself lucky. You've been given an incentive to armor up, to consciously screen out the ubiquitous stresses that afflict humanity.

  Martha Beck

  Stress, Humanity, Energy

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• I know the problem of obesity. I got to tell you, I think that's tepid. I just don't think the bully pulpit is going to be enough to sufficiently fight obesity. We're going to have to have incentives in here.

  Max Baucus

  Fighting, Thinking, Bully

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• The tax rate of 35 percent is impossible to provide an incentive to the large corporations, that have $1.7 trillion offshore, to put their money back in the United States.

  Frederick W. Smith

  United States, Corporations, Impossible

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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

  Law, Giving, Perspective

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• You have various institutions like law firms and accounting firms which bill by the hour. I'm really against that. You have an incentive to go slowly, be there as long as possible, to over-research things and over-staff.

  Robert Pozen

  Law, Long, Research

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• If you take a look at Medicare, there are things we could do, not just tort reform but truly reform the whole reimbursement system which will help in terms of reducing costs and creating the right kind of incentives for savings.

  John Hoeven

  Creating, Reform, Looks

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