People who are intrinsically motivated are going to do their thing regardless of the boundary conditions. There's no way to give someone intrinsic motivation and there's no way to take it away from them. You would have had to physically handicap Michelangelo to prevent him from sculpting or Maradona from kicking balls and so on.
Incentives definitely aren't everything, but they do work, and when you talk about systemic problems you have to think statistically.
> You might just be hiring lawyers to bully a competitor instead of fostering sustainable progress. Or if your market is unregulated you can decide to use more severe methods.
I'm talking about competition, not laissez-faire. If you're saying that competitive markets have to be fostered and don't just magically happen, then we are just vehemently agreeing.
People who are intrinsically motivated are going to do their thing regardless of the boundary conditions. There's no way to give someone intrinsic motivation and there's no way to take it away from them. You would have had to physically handicap Michelangelo to prevent him from sculpting or Maradona from kicking balls and so on.
Incentives definitely aren't everything, but they do work, and when you talk about systemic problems you have to think statistically.
> You might just be hiring lawyers to bully a competitor instead of fostering sustainable progress. Or if your market is unregulated you can decide to use more severe methods.
I'm talking about competition, not laissez-faire. If you're saying that competitive markets have to be fostered and don't just magically happen, then we are just vehemently agreeing.