Quotes of All Topics . Occasions . Authors
I think the problem with schools is not too many incentives but too few. Because of tenure, teachers' unions, and the fact that teachers generally aren't observed in their classrooms, they can do whatever they want in class.
I believe there should be some financial incentives to make the right choice: to make them to buy the right car or not to buy a car but using public transport systems. I believe that these financial incentives are important.
We must start now to provide additional stimulus to the modernization of American industrial plants I shall propose to the Congress a new tax incentive for businesses to expand their normal investment in plant and equipment.
Clearly this business of treating minds, particularly this big business of treating young minds, has not policed itself, and has no incentive to put a stop to the kinds of fraudulent and unethical practices that are going on.
Lets take away the incentives to do 'to' patients and instead create incentives to do 'for' patients, to be 'with' patients. We don't need to do comparative effectiveness trials to see if that works; we can just ask patients.
One of the great constraints on economic growth and employment is that the tax and benefits system has grown up over generations and does not give the right incentives. Increasing the minimum wage does not solve this problem.
The most frightening pages of history are those which reveal how easily conditions making a desert of the human spirit may come into existence, with the oozings away of incentive and kindliness in our natural social structure.
When the Bitcoin white paper emerged in 2008, it was completely revolutionary. The amount of concepts that had to come together in just the right way - computer science, cryptography, and economic incentives - was astonishing.
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.
I'd be 100 percent supportive of a minimum wage - kind of industry specific, maybe regionally specific - for guest workers, so that we're not creating incentives for employers to bring in immigrants to lower the price of labor.
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.
The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest.
Time and again a close election leads to hand-wringing about the need for Electoral College reform; time and again, politicians and parties respond to the college's incentives, and more capacious and unifying majorities are born.
What you do by having an income tax rate reduction across the board, you really provide great incentives for people to work, produce, and increase output. So I would support a carbon tax in replacement for a progressive income tax.
I have started or run several companies and spent time with dozens of entrepreneurs over the years. Virtually none of them, in my experience, made meaningful personnel or resource-allocation decisions based on incentives or policies.
Pay-for-procedure or fee-for-service reimbursement rewards doctors and hospitals for volume - not keeping patients healthy or being efficiency. Pay-for-Performance is clearly one tool that can change the incentives to reward quality.
History is so full of high-level intelligence officials who actually worked for the other side that one is forced to conclude that whether or not top intelligence jobs attract the disloyal, they surely offer incentives to disloyalty.
The basic idea that incentives can be used to motivate behavior is a powerful one. It works for employees, and it has a clear place in parenting, as anyone who has tried to potty-train a recalcitrant toddler with sticker rewards knows.
Simplification of the tax code would not only unlock dormant economic potential, but, in the process, it would blunt the preferred weapon of social engineers, who reward favored industries, punish success and distort economic incentives.
We do not live in a world that mainly suffers bad policies due to lack of ideas about better ones, or lack of elegant explanations supporting good policies, but one that suffers bad policies due to system and meta-system level incentives.
But the point of a progressive revenue tax is that you create incentives both for breakups, you penalize the acquisitions, and you encourage the development of models where the customers are customers and they know what they're giving up.
We count, in the future as in the past, on the driving power of individual initiative, on the incentive of fair private profit, strengthened of course with the acceptance of those obligations to the public interest which rest upon us all.
We would like a stable policy framework, and whatever incentives and tax structures are there should be made known to investors upfront. There should be credibility, clarity and continuity in both policy formulation and its implementation.
Cities could open up their property and assets to sharing economy apps that make it easier to find parking spaces or homes for rent. By aligning private-sector incentives with the public good, cities will create confidence among taxpayers.
China's economic transformation began with the introduction in the 1980s of market incentives in the agricultural sector. These reforms were followed by a gradual opening to the global economy, a process that accelerated in the early 1990s.
The solution to our problems is not more paternalism, laws, decrees, and controls, but the restoration of liberty and free enterprise, the restoration of incentives, to let loose the tremendous constructive energies of 300 million Americans.
The ownership of computers in the home is far less than the statistics show, because usually when the computer breaks down once, that is the end of it for a long, long time. They do not have the money or incentive to get the computer repaired.
If there is any action that punishes imports to the North American market and encourages U.S. exports, you have to reflect it in a mirror action to counteract the change of incentives that this would make for activity and investment in Mexico.
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.
The time is long overdue to stop looking for progress through racial or ethnic leaders. Such leaders have too many incentives to promote polarizing attitudes and actions that are counterproductive for minorities and disastrous for the country.
It is human nature to be shortsighted and to lose momentum to make changes once the story is out of the headlines and there aren't financial incentives or political rewards. We owe to ourselves to learn from the past so we can try to do better.
If you're in Alabama, you're selling tax incentives - with all due respect to Alabama - because what else are you going to sell? In New Jersey, you've got location, public education, highly educated workforce, density, diversity, infrastructure.
The way to maximize production is to maximize the incentives to production. And the way to do that, as the modern world has discovered, is through the system known as capitalism - the system of private property, free markets, and free enterprise.
Affordability is critical so that patients have access to medicines. At the same time, it's also important that we have the kind of incentives that allow us to do the kinds of studies that we need to do to go after these diseases like Alzheimer's.
If individuals can take from a common pot regardless of how much they put in it, each person has an incentive to be a free rider, to do as little as possible and take as much as possible because what one fails to take will be taken by someone else.
Our government is ready to guarantee their investments for them, and then we will create tax incentives. We are interested in having all these things and with the privatization we also want to create more jobs and better conditions for the workers.
When you rely on incentives, you undermine virtues. Then when you discover that you actually need people who want to do the right thing, those people don't exist because you've crushed anyone's desire to do the right thing with all these incentives.
African countries lose billions every year because of tax dodging by big corporations and wealthy individuals. They lose billions more from overly generous tax incentives in a misguided belief that this is the only way to attract foreign investment.
Obama, startled that components of government behave as interest groups, seems utterly unfamiliar with public choice theory. It demystifies and de-romanticizes politics by applying economic analysis - how incentives influence behavior - to government.
Teamwork is not a matter of persuading yourself and your colleagues to set aside personal ambitions for the greater good. It's a matter of recognizing that your personal ambitions and the ambitions of the team are one and the same. That's the incentive.
In a paper called 'The Economics of Matching: Stability and Incentives,' I showed that there were not any mechanisms that would always both produce a stable matching and make it completely safe for all firms and workers to reveal their true preferences.
The Microsoft actions announced today are exactly the kinds of industry initiatives we need. Microsoft is using its resources to bring real privacy protection to Internet users by creating incentives for more websites to provide strong privacy protection.
I said it's impossible to have an amnesty without ID cards and a clean database, because you firstly don't have any incentives for people to actually come up front and register, and make themselves available, and secondly you have no means of tracking them.
When I was a child and teenager I read whenever I had the opportunity, but since then I've found it hard to read as much as I'd like, children, work, and pets all providing powerful incentives to escape into a book and a practical reason why I rarely do so.
Competitive programs such as Race to the Top provide incentives for communities to develop new solutions for old problems. Because of Race to the Top, states have raised their standards and committed to fixing schools that have persistently failed students.
We need different perspectives here in Washington - someone who has private-sector experience, somebody who's actually created jobs, manufactures products, understands the incentives and disincentives, the intended and unintended consequences of legislation.
When you teach, you need to give the students incentives by grades or by other factors. I went to the Bible to find that topic in Scripture. I was shocked that after college and graduate school I had no idea that Jesus Christ had talked so much about rewards.
The '60s were a disaster in terms of social policy. The elites put in place a whole set of reforms which I think fundamentally changed the signals and the incentives facing low-income people and encouraged a variety of trends that soon became self-reinforcing.
People who buy annuities, it turns out, live longer than people who don't, and not because the people who buy annuities are healthier to start with. The evidence suggests that an annuity's steady payout provides a little extra incentive to keep chugging along.
I do worry that as we try to fix this long-term debt and deficit situation that we don't destroy the market incentives for biomedical research. What I fear is the government using its considerable clout to say, 'Here's the price we're setting for your medicines.'