Incentive Quotes - page 2
True Religion does not manifest itself outwardly, and impels man to no course of external conduct which he would not otherwise have adopted, but that it only completes his true In ward Being and Dignity. It is neither an Action, nor an incentive to Action, but a Thought:-it is LIGHT, and the One True Light, which bears within it all Life and all the forms of Life, and pervades their innermost substance. Once arisen, this Light flows on spontaneously forever, spreading itself forth without term or limit;-and it is as idle to bid it shine, as it would be to address such a command to the material sun when it stands in the noon-day heavens. It does this without our bidding; and if it shine not, then has it not arisen. At its uprising, Darkness, and the brood of spectres and phantasms which are born of Darkness, vanish of themselves.
Johann Gottlieb Fichte
One can in particular interpret the proposition as a statement conditions under which the simplicity of incentive structure and the economies of information handling characteristic of a competitive market organization can be secured without loss of efficiency of allocation... The price system carries to each producer, resource holder, or consumer a summary of information about the production possibilities, resource availabilities and preferences of all other decision makers. Under the conditions postulated, this summary is all that is needed to keep all decision makers reconciled with a Pareto optimal state once it has been established.
Tjalling Koopmans
Sanctions imposed can easily be rolled back. But unless they are imposed, President (Abdullah) Yameen will have no incentive to take further action. It is only a question of time before the Maldives witnesses an incident comparable to the tragedy that occurred on the beaches of Tunisia last year. I will definitely go to the Maldives. But only the question is how and when.
Mohamed Nasheed
Our presence will serve as an incentive for al Qaeda to grow in numbers and motivate more suicide bombers. An indefinite presence, whether in Iraq, Afghanistan, or Pakistan, will continue to drain our financial resources, undermine our national defense, demoralize our military and exacerbate our financial crisis. All this will be welcomed by Osama Bin Laden, just as he planned it. It's actually more than he had hoped for. [...] The war in Afghanistan and Pakistan will be much bigger, unless the dollar follows the path of the dollar-based world financial system and collapses into runaway inflation. In this case, the laws of economics and the realities of history will prove superior to the madness of maintaining a world empire financed by scraps of paper. Our military prowess, backed by a nuclear arsenal, will not suffice in overcoming the tragedy of a currency crisis. Soviet nukes did not preserve its empire or the communist economy.
Ron Paul
...the principle of nationality and the principle of reverence for antiquity-the principle of what I may call local patriotism-is not only an ennobling thing in itself, but has a great economic value. ... The attachment to your country, the attachment among British subjects to Britain, but also the attachment among Welsh-born people to Wales, has in it, in some degrees, the nature both of an appeal to energy and an incentive to its development, and likewise, no few elements of a moral standard; for the Welshman, go where he may, will be unwilling to disgrace the name. It is a matter of familiar observation that even in the extremest east of Europe, wherever free institutions have supplanted a state of despotic government, the invariable effect has been to administer an enormous stimulus to the industrious activity of the country.
William Ewart Gladstone
This nation ought to be quipped to defend itself and to fulfil its responsibility under the League system of mutual assistance in the event of an aggressor coming to threaten us all. A defenceless Britain at this stage of evolution will not be an aid to peace but an incentive to war. But we must watch very closely lest the acceptance of the responsibility to prepare for defence may lead to a policy of militarism for its own sake. We draw this distinction and will continue to observe it.
Ramsay MacDonald
Boredom is a powerful incentive to come up with bad ideas, especially for intellectuals. "Capitalism," says Irving Kristol, "is the least romantic conception of a public order that the human mind has ever conceived." The reason it's so unromantic is that it doesn't tell people what to do and that can be very frustrating for intellectuals who want to tell people what to do. Indeed, court intellectuals have always been more influential where the people are less free, because when an intellectual persuades a dictator or a socialist prime minister (a small distinction to be sure), their advice gets translated into reality. When an intellectual says, "It would be a better society if all beer was free" a free-market politician would, or at least should, say "Maybe, but what can I do about it?"
Jonah Goldberg
[W]e live in a popular-front moment, where no one on "our side” is worth criticizing too much, if at all, and everyone on "their side” is evil. This has as much to do with ratings and page views as it does with ideology. Moths chase light, but the incentive for politicians, producers, and pundits is to follow the heat. I'm still torn over how people such as Mark Zuckerberg should deal with slanderous carnival barkers like Alex Jones. But I'm convinced a lot of people are to blame for the problem reaching Zuckerberg's desk in the first place.
Jonah Goldberg
To see deep difficulty braved is at any time, for the really addicted artist, to feel almost even as a pang the beautiful incentive, and to feel it verily in such sort as to wish the danger intensified. The difficulty most worth tackling can only be for him, in these conditions, the greatest the case permits of.
Henry James
Repealing drug laws would remove the risks involved with producing and distributing drugs, bringing 'street prices' crashing down (it's estimated that a 'spoon' of heroin would cost about a quarter in the free market), thereby eradicating any incentive that criminals might have to compete with legitimate businesses, and greatly reducing if not eliminating altogether any economic reason to 'push' drugs on children.
L. Neil Smith
He had assumed that if you removed a human being's natural incentive to work-his initiative, his spontaneous creative energy-and replaced it with external motivation and coercion, he would become a lazy and careless worker. But no careless workers kept those lovely farmlands, or made the superb cars and comfortable trains. The lure and compulsion of profit was evidently a much more effective replacement of the natural initiative than he had been led to believe.
Ursula K. Le Guin
After society has decided on a social choice rule-a recipe for choosing the optimal social alternative (or alternatives) on the basis of individuals' preferences over the set of all social alternatives-the social planner still faces the problem of how to implement that rule. In particular, the planner may not know individuals' preferences. He might attempt to elicit them, but this may not be an easy task, even abstracting from communication costs. If individuals know the rule by which the planner selects alternatives on the basis of reported preferences, they may have an incentive to report falsely.
Eric Maskin
The first economic revolution was not a revolution because it shifted man's major economic activity from hunting and gathering to settled agriculture. It was a revolution because the transition created an incentive change for mankind of fundamental proportions. The incentive change stems from the different property rights under the two systems. When common property rights over resources exist, there is little incentive for the acquisition of superior technology and learning. In contrast, exclusive property rights which reward the owners provide a direct incentive to improve efficiency and productivity, or, in more fundamental terms, to acquire more knowledge and new techniques. It is this change in incentive that explains the rapid progress made by mankind in the last 10,000 years in contrast to his slow development during the long era as a primitive hunter/gatherer.
Douglass North
