Incentives

These posts cover incentives, and how they drive our behavior. These may include positive incentives (encouraging us to do something) and negative incentives (encouraging us not to do something)
Feb
17
Water pouring briskly from silver faucet into overflowing glass

The Best Lawyers Are More Plumbers Than Professors

The lawyers who go on to great service realize that learning more theory is not the hard part. The hard part is solving problems in the real world
7 min read
Jan
13
Top-down view of the globe with swirling blue-green colors indicating ozone concentrations

The Healing Ozone Layer is a Warning, Not a Blessing

The good news is also a warning because it reminds us how incentives drive behavior
3 min read
Dec
23
Book cover excerpt showing a small globe and the words "A global economy that works for progress, people and planet"

Stakeholder Capitalism: the Myth, the Misunderstanding, and a Lie

Delivering shareholder value is entirely consistent with taking a long-term view. And short-term profits have nothing to do with it.
7 min read
Nov
25
Brick wall painted black on top of 45-degree diagonal and yellow on bottom. Painted words "shop lokal or else"

I've Got a Tip for You (Newsletter 074)

Tipping in America requires just a few ingredients: a transaction involving at least two individuals and money changing hands, including electronically.
6 min read
Oct
28
Looking On the Bright Side (Newsletter 070)

Looking On the Bright Side (Newsletter 070)

The more you are willing to look honestly at the ugliness in modern life, the more vital it is you add optimism to your mix.
6 min read
Oct
05
In Strangers' Living Rooms

In Strangers' Living Rooms

Every time I fly, the distance I contemplate driving to avoid flying goes up.
4 min read
Sep
28
The Worst Career Advice

The Worst Career Advice

The happiest people I know are the ones who learn that success is not measured in money.
5 min read
Sep
13
Nothing Bad that Happens is your Fault

Nothing Bad that Happens is your Fault

What are you supposed to do? Not go out to eat? Not take your vacations? Not relieve your stress by on-line shopping? I think not. To do otherwise is to deny your very worth as a person.
4 min read
Jul
29
Your Attitude is the Best Predictor of Success (Newsletter 057)

Your Attitude is the Best Predictor of Success (Newsletter 057)

A person of average abilities but a superior attitude will outperform a person with great abilities and a poor attitude.
5 min read
Jul
15
Can Big Government Spending Make Anything Better?(Newsletter 055)

Can Big Government Spending Make Anything Better?(Newsletter 055)

I'd argue that the single greatest problem in government is lack of accountability: we look only to the desirability of the policy objective and not to how well our policies achieve the intended result.
7 min read