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Dan Ariely talked about this recently on C-SPAN's Book TV, and I (being a nerd) watched the entire thing. "[...] if we pay them nothing, people work. If we pay
by audionerd 18y ago
Dan Ariely talked about this recently on C-SPAN's Book TV, and I (being a nerd) watched the entire thing.
"[...] if we pay them nothing, people work. If we pay them a little bit of money, people get demotivated. It switches us from a social domain to a market domain."
"I actually think the right salary for these bankers should have been zero."
http://www.c-spanarchives.org/library/media/player.php?pid=284793-1&width=365&height=340&start=1975& http://www.c-spanarchives.org/library/media/player.php?pid=2...;