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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.
Too little attention is paid to the dark side of incentives. They are anything but a magic bullet. Psychologists have known this for years, but it seems largely hidden from the world of commerce.
I try to motivate people and align our individual incentives with organizational incentives. And then let people do their best.
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.
Outright bans on plastic bags may not be the best solution, but education and incentives to get people to stop using them are necessary.
Kids who are poor often have families that have not really been kept informed about... how important it is to read to your child, to reduce stresses in their life, to use positive incentives and words.
The answer for healthcare is market incentives, not healthcare by a Godzilla-sized government bureaucracy.
Reforming the way the state works with businesses and providing incentives for employers will help preserve and create new jobs in Massachusetts.
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.
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.
Positive market incentives operating in the public interest are too few and far between, and are also up against a seemingly never-ending expansion of perverse incentives and lobbying.
I think we need a very, very serious effort, primarily through tax policy to provide incentives and encouragement for people to save and invest and expand their businesses and to create more jobs. The kind of thing we did in the early Reagan years, 30 years ago. I think that's essential.
Commerce has changed the ethics of citizenship and the incentives for national service. America now buys private contractors - we used to call them mercenaries - to do the country's fighting.
Physicians today, as human beings, are not exempt from the perverse economic pressures created by fee-for-service regimes to see more patients for shorter appointments and order more tests and procedures. If the incentives were changed to pay to foster better health outcomes, I am convinced physician behavior would change over time.
Open source production has shown us that world-class software, like Linux and Mozilla, can be created with neither the bureaucratic structure of the firm nor the incentives of the marketplace as we've known them.
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.
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.
Economists love to talk about incentives, but the bottom line is that people hate being controlled or manipulated, even when done through voluntary institutions. This is one of the most important tensions in capitalism.
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.
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.
I think that players play, and they compete, and it's not about incentives.
Congress is headed in the wrong direction with this bill which removes any and all incentives from the food industry to improve their products for children.
If history judges society for how it treats those in need, so markets judge economies by the incentives they provide for private investment, the infrastructure that supports growth, and the burdens placed on job creation.
Tax incentives might spur hiring in the short run, but how lasting are those gains if the jobs expire with the tax credits and they come at the expense of investing in the new technologies of the future?
What is clear is that business leaders must commit to champion change - to be transparent about their goals for change, to align their incentives systems to drive the change, and to make sure their work environments are flexible in a way that allows men and women who choose to work to be able to achieve all of their potential.
John F. Kennedy
Martin Luther King, Jr.
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