Do not think about, write about or deal with human behavior without determining the effects of incentives.
Well I never. Government employees get paid more than the people who pay them. On the other hand, they do have better benefits and job security.
Guess which recession had the greatest government stimulus. Hint–it’s the one with the steepest decline in employment.
Charts courtesy of Clusterstock “Chart of the day”.
Cheerio and ttfn,
Grant Coulson
Cui Bono–Cherchez les Contingencies
