Business Quote by Steven D. Levitt Download Open image ““There are three basic flavours of incentive: economic, social and moral.”” — Steven D. Levitt ★ ★ ★ ★ ★ 3.0 out of 5 (8 ratings) Copy quoteShare Business Political philosophy
“People are complicated creatures, with a nuanced set of private and public incentives, and that our behavior is enormously influenced by circumstances.” — Steven D. Levitt Copy Share Image
Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary. — Steven Landsburg Copy Share Image
“Whatever the incentive, whatever the situation,dishonest people will try to gain an advantage by whatever means necessary.” — Steven D. Levitt Copy Share Image
When you rely on incentives, you undermine virtues. Then when you discover that you actually need people who want to do the right thing,… — Barry Schwartz Copy Share Image
“Businesses are uniquely capable of creating social value and solving social problems - they have this wonderful fuel called the profit motive.” — Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth Copy Share Image
The incentive for business is not, and cannot, be anything other than the root incentive for all business: they must profit. — Edward Norton Copy Share Image
We try to reward people according to the value they create, value they create in society and for the company. — Charles Koch Copy Share Image
“motives for greed and selfishness are often attributed to toil and source of riches.” — Michael Bassey Johnson Copy Share Image
We used to have just one criterion and that was profit, and then another criterion was added - social welfare. Now we have to… — Mikhail Gorbachev Copy Share Image
“Here is the broader point: whatever problem you're trying to solve, make sure you're not just attacking the noisy part of the problem that… — Steven D. Levitt Copy Share Image
“Human beings, for all our accomplishments, can be fragile animals. Most of us don't take criticism well at all.” — Steven D. Levitt Copy Share Image
“The ECLS data do show, for instance, that a child with a lot of books in his home tends to test higher than a… — Steven D. Levitt Copy Share Image
“In a complex world where people can be atypical in an infinite number of ways, there is great value in discovering the baseline. And… — Steven D. Levitt Copy Share Image
“Morning robberies yield far more than afternoon robberies . . .' - When to Rob a Bank: A Rouge Economist's Guide to the World… — Steven D. Levitt Copy Share Image
“The more complex a problem is, the harder it is to capture good feedback. You can gather a lot of facts, and that may… — Steven D. Levitt Copy Share Image
“[...]if you are hoping to damage opponents' mental health, go ahead and tell them how inferior or dim-witted or nasty they are. But even… — Steven D. Levitt Copy Share Image
“If asked how we'd behave in a situation that pits a private benefit against the greater good, most of us won't admit to favoring… — Steven D. Levitt Copy Share Image
“The impulse to investigate can only be set free if you stop pretending to know answers that you don't. Because the incentives to pretend… — Steven D. Levitt Copy Share Image
“From 2002 to 2008, the United States was fighting bloody wars in Afghanistan and Iraq; among active military personnel, there were an average 1,643… — Steven D. Levitt Copy Share Image
“But if you are hell-bent on persuading someone, or if your back is truly against the wall, you might as well give it your… — Steven D. Levitt Copy Share Image
“Just because you're great at something doesn't mean you're good at everything.” — Steven D. Levitt Copy Share Image
Companies with cultures that celebrate diverse opinions and encourage the exchange of ideas have an advantage when solving difficult problems. A company that doesn't… — Doug McMillon Copy Share Image
“Take some books and read; that’s an immense help; and books are always good company if you have the right sort.” — Louisa May Alcott Copy Share Image
I'm a business first and foremost so whatever my business is, it's separate from my personal. It's like whatever I do business wise, it's… — Snoop Dogg Copy Share Image
Many early-stage entrepreneurs make one simple mistake: Describing this 'big picture' in vague concepts and words. — Sunil Nagaraj Copy Share Image
Nobody has a crystal ball, and part of evolving a business plan is to say, 'I might have said we're going left, but I… — Ryan Kavanaugh Copy Share Image
I think a business guy is different from an artist. They walk different paths. Artists create the best outputs when they're having fun. And… — G-Dragon Copy Share Image
“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once,… — Nora Ephron Copy Share Image
If you have a different mindset, you will have a different outcome: if you make different choices from your peers, your life will then… — Jack Ma Copy Share Image
“Some say the Earth is angry Because he wants no company; I say the Earth is angry Because he lives alone.” — N.K. Jemisin Copy Share Image
If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State. — Bertrand Russell Copy Share Image