Showing posts with label Incentives. Show all posts
Showing posts with label Incentives. Show all posts

Tuesday, June 17, 2025

Monday, February 05, 2024

Charlie Munger on Insentives

Reminds me how some cities started paying some trash pickup workers by the route to eliminate almost all delays. (Via)

Tuesday, November 28, 2023

Quotes for Today

Some quotes that I hope may resonate with you.

"Show me the incentive and I will show you the outcome." - Charlie Munger

"Society is like a stew. If you don't stir it up once in a while then a layer of scum floats to the top." - Edward Abbey

"We are all in conspiracy against the next man." - William Kennedy

"Envy is the tax which all distinctions must pay." - Henry David Thoreau

Wednesday, September 21, 2022

Incentives: The Most Powerful Force In The World

Morgan Housel on incentives and how incentives can make rational adults do crazy or support bad things. 

It reminds me of the Upton Sinclair quote, "It is difficult to get a man to understand something, when his salary depends upon not understanding it." That's incentives.