“In the absence of a market, there is a failure of the price system to transmit the information that is needed to create incentives.”— Kenneth Joseph Arrow
“To be effective, an organization must be able to offer inducements sufficient to attract and retain the contributions of its members.”— Chester Irving Barnard
“If you want more of something, you subsidize it. If you want less of something, you tax it.”— Roscoe Bartlett
“Financial crises are not driven by the stars, but by the incentives of bankers.”— Charles W. Calomiris
“How do you convince people to change their ways? You have to find a way to make it easy for them.”— Steven Chu
“The best security for the fidelity of men is to make it their interest to be faithful.”— Joseph Hume
“Capitalism is not a system of political doctrines. It is a system of economics, and it is a system of incentives.”— Eric Johnston
“The way to think about the economy is to think about it as a series of incentives.”— Edward Lazear
“The most important concept in personnel economics is the idea that firms and workers will structure their relationships in a way that is mutually beneficial.”— Edward Lazear
“If you tax something, you get less of it. If you subsidize something, you get more of it.”— Grover Norquist
“We don't want to turn the safety net into a hammock that lulls able-bodied people to lives of dependency and complacency, that drains them of their will and their incentive to make the most of their lives.”— Paul Ryan