Word: rewards
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Dates: during 1980-1989
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WHEN given the opportunity in Poland and Hungary to reward the first signs of democratization in two socialist countries, crowds cheered him during his speeches. But Bush's initiatives failed to impress...
People respond to incentives. Reward them for producing the most possible shoes, and they will produce a huge number of identical small shoes -- identical, because it's easier; small, because they can get more shoes out of a given supply of leather. The only way to produce exactly the shoes people want, or close to it, is to place the order through the free market...
...choicest plums in Government is a diplomatic posting in an agreeable locale. And what a pleasant task it is for a new President to reward old friends and fat-cat party contributors by handing out such assignments. Judging from the appointments he made during his first six months in the White House, George Bush must be finding that task very pleasant indeed. A study by Government Executive magazine, a journal serving public officials, found that of Bush's first 37 ambassadorial nominations, 70% have been political appointees rather than career Foreign Service officers. That compares with 59% for Ronald Reagan...
...impact on the opposing sides, the case tested a crucial aspect of the takeover binge that has raged through U.S. industry during the 1980s. By originally bidding $175 a share for Time and then raising the price to $200, Paramount contended that it was offering Time shareholders a rich reward for selling their stock. But Time insisted it was not for sale and that it could eventually boost the value of its shares well above $200 after acquiring Warner. The battle pitted against each other two contradictory interests that have been at war throughout the takeover era: the short-term...
...game with the dog depends on the stupidity of the animal and also its desire for the reward. In The Perfect Place, the reader is too smart to waste the time, and the reward--the final story--is so unworthy that it is unlikely many readers will continue to play the game for long...