Perverse incentives and how to counter them

2014-06-09T20:14:48+01:00June 9th, 2014|leadership|

Call it what you will, incentives are what get people to work harder. Nikita Khrushchev Back in the good old days when the great unwashed could simply be shipped off to the colonies with nary a second thought, transportation of convicts was in the hands of private companies. These companies were compensated based on the number of prisoners shipped. As long as they were signed and sealed, no one cared over much if they were delivered and a depressing percentage of prisoners perished on-board these dreadful hulks. Eventually, the government, realising they were being short-changed and running the risk of running out of [...]