All Posts Tagged With: "Cesare Beccaria"
Always Think of Incentives
While visiting FEE a few years ago, I was lucky enough to hear a talk by the “armchair economist,” Professor Steven Landsburg. In it he remarked that most of economics could be summarized in just two sentences: “Resources are scarce” and “People respond to incentives.” These two apparently simple and obvious observations are in fact [...]
1Oct2006 | Stephen Davies | 2 comments | Continued-
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Creating Jobs versus Creating Value
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