- The Scroll by Modern Analects
- Posts
- Power of Incentives
Power of Incentives
“Never, ever, think about something else when you should be thinking about the power of incentives.”
Charlie Munger
Politicians don't think in terms of health or economics, they think in terms of votes.
Car salesmen don’t think in terms of customer retention, they think in terms of commissions.
Journalists don't think in terms of truth, they think in terms of clicks and influence.