#incentive

The only way of life satisfying the need of all times must be motivated by incentives and rewards – materially, morally and spiritually because motivation for work is produced by incentives and rewards only, an aspect built into the fundamental specification of human nature itself. Any prescription not recognising this important aspect of life is bound to fail in the life-styles of human beings. ↗

— Mohammed Ali Muhiyaddin

#communism #incentives #materialism #religion #life

The system that enables the most people to earn the most success is free enterprise, by matching up people's skills, interests, and abilities. In contrast, redistribution simply spreads money around. Even worse, it attenuates the ability to earn success by perverting economic incentives. ↗

— Arthur C. Brooks

#around #contrast #earn #economic #enables

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. ↗

— Ron Wyden

#change #clearly #doctors #efficiency #healthy

Intelligent policies will be largely self-regulating in the sense that the system of incentives and standards makes it absolutely ludicrous to not move towards clean, internalized systems of cost and production. ↗

— Paul Hawken

#clean #cost #incentives #intelligent #internalized

The incentive to ambition is the love of power. ↗

— William Hazlitt

#incentive #love #power

New technology is useful, but it's inefficient and ugly; it knows it'll be obsolete by lunchtime tomorrow, so it has no incentive to be anything else. ↗

— Tom Holt

#else #incentive #inefficient #knows #lunchtime

Only free people have an incentive to be virtuous. Only people who bear the consequences of their own acts will care about those consequences and try to learn from their mistakes. ↗

— Harry Browne

#acts #bear #care #consequences #free

Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take. ↗

— Barney Frank

#based #broader #compensation #country #decisions

Above all, though, children are linked to adults by the simple fact that they are in process of turning into them. For this they may be forgiven much. Children are bound to be inferior to adults, or there is no incentive to grow up. ↗

— Philip Larkin

#bound #children #fact #forgiven #grow

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. ↗

— Major Owens

#breaks #computer #computers #down #end