Legal rules are to be judged by the structure of incentives they establish and the consequences of people altering their behavior in response to those incentives
David Friedman
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Simply having rules does not change the things that people want to do. You have to change incentives.
Jimmy Wales
Those subjects have the greatest educational value, which are richest in incentives to the noblest self-activity.
John Lancaster Spalding
I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or "incentives" for skill.
Nassim Nicholas Taleb
The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction.
Ha-Joon Chang
There's no simple formula here. But we must try as best we can to balance isolation and engagement, pressure and incentives, so that human rights and dignity are advanced over time.
Barack Obama
Friedman, David
Friedman, Jerome Isaac
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