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RE: The 2008 Financial Crisis Has Left Many Industries Lacking Proper Management

in #life8 years ago

It's all animal spirit, means if incentive becomes the only thing to improve on whatever cost. Incentives of doing anything should be understood with the lenses of sustainability as well as compared to the profit and loss.Thomas (2011 nobel prize winning economist ) sargent have written a lot on this incentives (but in different context).