Incentive System Quotes

Human laws are entirely destitute of the sanction of rewards. To confer honors for obedience would be as ridiculous as unavailing. The honor of many would resolve itself into the honor of none. To dispense pecuniary rewards would be nugatory or impracticable. In an unqualified extent, no government would be able to supply the funds; and even in a restricted form, its operation would be to receive money with one hand as a premium, and to pay it back with the other in the shape of a tax.

A group or an artist shouldn't get his money until his boss gets his.

The moral case for individual initiative in a free economy holds that people have a God-given right to use their creativity to produce things that improve our lives.

Most of Marx's predictions have failed to materialize, and his labor theory of value and other ideas have been proven wrong. Marx failed to recognize the incentive system built into the capitalist model - consumer choice and the profit motive of the entrepreneur. The irony is that capitalism, not socialism or Marxism, that has liberated the worker from the chains of poverty, monopoly, war, and oppression, and has better achieved Marx's vision of a millennium of hope, peace, abundance, leisure, and aesthetic expression for the 'full' human being.

My parents used books as bribes: if I got straight A's on my report card, they would buy me one book. This was completely unnecessary, as I always got A's, and they bought me books all the time anyway, and we all knew it.

Setting up a system that rewards you for meeting your goals and has penalties for failing to hit your target is just as important as putting your goals down on paper.

Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices. It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear.

This system of encouragement proves serviceable as a preventive of punishment, the attainment of the tickets being a reward, the forfeiture of them the reverse; and, as such, boys seem often more affected by their loss than by coercion.

Consequences give us the pain that motivates us to change.

Most athletes won't push a sport forward unless they have the incentive to do so - let alone when the structures of a sport have been set up to actually incentivize them to hold back.

Reinforce what you want to see repeated.What gets rewarded gets done.

Man must have an incentive to set him in motion before he can be given a goal towards which this motion should be directed. This incentive can obviously be none other than the law itself

You basically get what you reward. If you want to achieve the goals and reflect the values in your mission statement, then you need to align the reward system with these goals and values.

Capitalism drives the employers to do their worst to the employed, and the employed to do the least for them. And it boasts all the time of the incentive it provides to both to do their best! . . . The reason the Capitalist system has worked so far without jamming for more than a few months at a time, and then only in places, is that it has not yet succeeded in making a conquest of human nature so complete that everybody acts on strictly business principles.

The English laws punish vice; the Chinese laws do more, they reward virtue.

When you teach, you need to give the students incentives by grades or by other factors. I went to the Bible to find that topic in Scripture. I was shocked that after college and graduate school I had no idea that Jesus Christ had talked so much about rewards.

When I arrived at IBM, there were 'Team' signs all around. I asked, 'How do people get paid?' They told me, 'We pay people based on individual performance.'

We thus begin to see that the institutionalized practice of citations and references in the sphere of learning is not a trivial matter. While many a general reader-that is, the lay reader located outside the domain of science and scholarship-may regard the lowly footnote or the remote endnote or the bibliographic parenthesis as a dispensable nuisance, it can be argued that these are in truth central to the incentive system and an underlying sense of distributive justice that do much to energize the advancement of knowledge.