“Any property that's open to common use gets destroyed. Because everyone has incentive to use it to the max, but no one has incentive to maintain it.”

Source: Zodiac (1988), Chapter 8

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Any property that's open to common use gets destroyed. Because everyone has incentive to use it to the max, but no one …" by Neal Stephenson?

Neal Stephenson167

American science fiction writer 1959

Related quotes

“The first economic revolution was not a revolution because it shifted man's major economic activity from hunting and gathering to settled agriculture. It was a revolution because the transition created an incentive change for mankind of fundamental proportions. The incentive change stems from the different property rights under the two systems. When common property rights over resources exist, there is little incentive for the acquisition of superior technology and learning. In contrast, exclusive property rights which reward the owners provide a direct incentive to improve efficiency and productivity, or, in more fundamental terms, to acquire more knowledge and new techniques. It is this change in incentive that explains the rapid progress made by mankind in the last 10,000 years in contrast to his slow development during the long era as a primitive hunter/gatherer.”

Douglass C. North (1920–2015) American Economist

Source: The rise of the western world, 1973, p. 240-1, as cited in: Thrainn Eggertsson (1990), Economic behavior and institutions. p. 255-6

“Conservatives say if you don't give the rich more money, they will lose their incentive to invest. As for the poor, they tell us they've lost all incentive because we've given them too much money.”

George Carlin (1937–2008) American stand-up comedian

“We need to build incentives to virtue rather than incentives to vice, which prevail in the existing system and are self-interested, instrumental and unrelational. That’s the direction of travel. Towards the Common Good.”

Maurice Glasman, Baron Glasman (1961) British philosopher

Blue Labour, Tackling Poverty Together http://www.bluelabour.org/2013/11/24/tackling-poverty-together/

“Freedom that socialism economic violates incentive, destroys, muffles innovation and entrepreneurship, and innovation undermines meritocracy.”

Paul D. Miller (academic) American academic

Why Socialism Is Bad (2018)

“I have never allocated public funds using the PDAF or budgetary incentives to any fictitious NGOs created by Janet Napoles or anyone to steal people’s money.”

Francis Escudero (1969) Filipino politician

Bicol Mail http://www.bicolmail.com/2012/?p=15627 <br class="br">2014

“One thing we know about incentives is you can't incent a dead person. No matter what we do, Hawthorne will not produce any more works, [even if] we can give him all the money in the world.”

Lawrence Lessig (1961) American academic, political activist.

Debate http://www.youtube.com/watch?v=etMwBOexmJM&t=41m with Jack Valenti at Harvard University Law School's Berkman Center for Internet and Society (1 October 2000)

“Even if without the Scott's proverbial thrift, the difficulty of solving differential equations is an incentive to using them parsimoniously.”

George Pólya (1887–1985) Hungarian mathematician

Mathematical Methods in Science (1977)
Context: Even if without the Scott's proverbial thrift, the difficulty of solving differential equations is an incentive to using them parsimoniously. Happily here is a commodity of which a little may be made to go a long way.... the equation of small oscillations of a pendulum also holds for other vibrational phenomena. In investigating swinging pendulums we were, albeit unwittingly, also investigating vibrating tuning forks.<!--p.224

“This is how we got here. It will get worse because there are no incentives to be better. It won’t end well either, but at least it will feel familiar.”

Jonah Goldberg (1969) American political writer and pundit

2010s, 2018, If You Think Our Politics Can’t Get Uglier Than the Kavanaugh Fight, Think Again (2018)

“Hip flasks are the juice machines of the alcohol world — everyone has one and it never gets used.”

Douglas Coupland book JPod

JPod (2006)

“Legal rules are to be judged by the structure of incentives they establish and the consequences of people altering their behavior in response to those incentives”

David D. Friedman (1945) American economist, physicist, legal scholar, and libertarian theorist

Source: Law's Order: What Economics Has to Do With Law and Why It Matters, 2001, p.11

“Any property that's open to common use gets destroyed. Because everyone has incentive to use it to the max, but no one has incentive to maintain it.”

Help us to complete the source, original and additional information

Neal Stephenson167

Related quotes

Related topics